| Tap a line for its trend | 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. | ||||
|---|---|---|---|---|---|
| 18.7% | 20.8% | 20.5% | 17.8% | ||
| 15.4% | 16.0% | 14.6% | 13.3% | ||
| 23.1% | 25.4% | 24.8% | 22.3% | ||
| 20.8% | 21.2% | 19.7% | 15.6% | ||
Margins | |||||
| 26.7% | 26.3% | 25.7% | 22.1% | ||
| 22.3% | 22.0% | 21.8% | 18.5% | ||
| 27.9% | 23.6% | 52.9% | — | ||
| 23.0% | 22.6% | 21.6% | 17.6% | ||
| 17.1% | 16.8% | 15.9% | 13.0% | ||
| 17.1% | 16.8% | 15.9% | 13.0% | ||
| 17.0% | 20.0% | 15.5% | −4.4% | ||
Additional | |||||
| 25.5% | 25.7% | 26.5% | 26.2% | ||
| 44.2% | 35.9% | 28.4% | 31.1% | ||
| 10.4% | 13.3% | 14.6% | 12.2% | ||
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 | |
|---|---|---|---|---|---|
| Returns | |||||
| Return on Common Equity | 17.76 | 20.45 | 20.75 | 18.69 | |
| Return on Assets | 13.31 | 14.64 | 15.96 | 15.35 | |
| Return on Capital Employed | 22.26 | 24.77 | 25.44 | 23.07 | |
| Return on Invested Capital | 15.56 | 19.73 | 21.22 | 20.82 | |
| Margins | |||||
| EBITDA Margin | 22.09 | 25.74 | 26.34 | 26.70 | |
| Operating Margin | 18.46 | 21.77 | 21.97 | 22.30 | |
| Incremental Operating Margin | — | 52.92 | 23.57 | 27.91 | |
| Pretax Margin | 17.63 | 21.57 | 22.65 | 22.96 | |
| Net Income Margin | 13.02 | 15.86 | 16.83 | 17.10 | |
| Net Income to Common Margin | 13.01 | 15.86 | 16.83 | 17.10 | |
| FCF Margin | -4.42 | 15.48 | 19.96 | 16.97 | |
| Additional | |||||
| Effective Tax Rate | 26.16 | 26.46 | 25.67 | 25.50 | |
| Dvd Payout Ratio | 31.12 | 28.41 | 35.94 | 44.16 | |
| Sustainable Growth Rate | 12.23 | 14.64 | 13.29 | 10.44 | |