| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
Returns | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |||||
|---|---|---|---|---|---|---|
| 11.6% | 11.6% | 12.8% | 14.3% | 13.8% | ||
| 8.1% | 8.1% | 9.2% | 10.3% | 9.8% | ||
| 11.7% | 11.7% | 13.7% | 17.4% | 15.0% | ||
| 10.7% | 11.6% | 12.3% | 13.1% | 11.9% | ||
Margins | ||||||
| 18.9% | 19.1% | 21.2% | 21.5% | 19.5% | ||
| 12.2% | 12.2% | 15.0% | 16.0% | 14.1% | ||
| — | −0.5% | 434.6% | 32.1% | — | ||
| 14.4% | 15.0% | 17.9% | 18.3% | 16.2% | ||
| 10.8% | 11.3% | 13.4% | 12.9% | 12.0% | ||
| 10.9% | 11.4% | — | — | 12.0% | ||
| 9.6% | 9.6% | 10.4% | 9.5% | 0.4% | ||
Additional | ||||||
| 25.0% | 25.6% | 24.5% | 30.2% | 26.2% | ||
| — | 28.4% | 14.4% | 10.4% | 13.1% | ||
| 11.6% | 8.3% | 10.9% | 12.8% | 12.0% | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
Ratios — % unless marked × 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| Returns | ||||||
| Return on Common Equity | 13.82 | 14.25 | 12.77 | 11.60 | 11.60 | |
| Return on Assets | 9.80 | 10.26 | 9.18 | 8.11 | 8.11 | |
| Return on Capital Employed | 15.03 | 17.42 | 13.70 | 11.72 | 11.72 | |
| Return on Invested Capital | 11.91 | 13.12 | 12.35 | 11.59 | 10.68 | |
| Margins | ||||||
| EBITDA Margin | 19.50 | 21.52 | 21.22 | 19.11 | 18.88 | |
| Operating Margin | 14.06 | 16.04 | 14.97 | 12.23 | 12.23 | |
| Incremental Operating Margin | — | 32.15 | 434.60 | -0.48 | — | |
| Pretax Margin | 16.22 | 18.29 | 17.88 | 15.04 | 14.37 | |
| Net Income Margin | 12.04 | 12.88 | 13.38 | 11.30 | 10.80 | |
| Net Income to Common Margin | 11.98 | — | — | 11.37 | 10.85 | |
| FCF Margin | 0.38 | 9.46 | 10.38 | 9.58 | 9.58 | |
| Additional | ||||||
| Effective Tax Rate | 26.19 | 30.20 | 24.45 | 25.56 | 25.04 | |
| Dvd Payout Ratio | 13.06 | 10.44 | 14.42 | 28.44 | — | |
| Sustainable Growth Rate | 12.02 | 12.76 | 10.93 | 8.30 | 11.60 | |