| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 4,691 | 4,691 | 4,859 | 5,761 | 4,922 | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 4,135 | 4,135 | 4,087 | 4,863 | 4,704 | ||
| 0.38× | 0.38× | 0.44× | 0.62× | 0.68× | ||
| 0.34× | 0.34× | 0.37× | 0.52× | 0.65× | ||
| 2.12× | 2.12× | 1.42× | 1.73× | 2.96× | ||
| 2.36× | 1.87× | 1.19× | 1.46× | 2.82× | ||
| 2.56× | 2.56× | 4.53× | 3.91× | 1.87× | ||
| 27.6% | 27.6% | 30.7% | 38.1% | 40.3% | ||
As filed — company-reported covenants | ||||||
| 0.27× | 0.32× | 0.41× | 1.00× | 1.00× | ||
| 7.97× | 3.26× | 1.84× | 3.00× | 2.00× | ||
| 2.46× | 3.75× | 5.73× | 5.00× | 3.00× | ||
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 | |
|---|---|---|---|---|---|---|
| Total Debt | 4,921.9 | 5,761.2 | 4,859.2 | 4,690.7 | 4,690.7 | |
| Net Debt | 4,703.8 | 4,862.9 | 4,087.1 | 4,135.4 | 4,135.4 | |
| Total Debt/Equity | 0.68 | 0.62 | 0.44 | 0.38 | 0.38 | |
| Net Debt/Equity | 0.65 | 0.52 | 0.37 | 0.34 | 0.34 | |
| Total Debt/EBITDA | 2.96 | 1.73 | 1.42 | 2.12 | 2.12 | |
| Net Debt/EBITDA | 2.82 | 1.46 | 1.19 | 1.87 | 2.36 | |
| Interest Coverage (EBIT/Interest) | 1.87 | 3.91 | 4.53 | 2.56 | 2.56 | |
| Total Debt/Total Capital % | 40.34 | 38.08 | 30.73 | 27.64 | 27.62 | |
| As Filed — company-reported covenants | ||||||
| Debt/Equity (as filed) | 1.00 | 1.00 | 0.41 | 0.32 | 0.27 | |
| Debt Service Coverage (as filed) | 2.00 | 3.00 | 1.84 | 3.26 | 7.97 | |
| Interest Service Coverage (as filed) | 3.00 | 5.00 | 5.73 | 3.75 | 2.46 | |