| 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. | |||||
|---|---|---|---|---|---|---|
| 16.2% | 16.2% | 17.4% | 20.0% | 23.6% | ||
| 13.6% | 13.6% | 13.8% | 14.1% | 15.6% | ||
| 19.0% | 19.0% | 20.8% | 23.2% | 27.0% | ||
| 16.6% | 13.0% | 15.6% | 15.0% | 17.2% | ||
Margins | ||||||
| 21.3% | 19.1% | 19.5% | 20.4% | 20.6% | ||
| 15.8% | 15.8% | 16.3% | 17.3% | 17.8% | ||
| — | 5.1% | −2.8% | 42.2% | — | ||
| 19.7% | 17.1% | 16.6% | 17.2% | 17.5% | ||
| 14.6% | 13.0% | 12.8% | 13.3% | 13.2% | ||
| — | 13.0% | 12.8% | 13.3% | 13.2% | ||
| 11.9% | 11.9% | 19.3% | 5.9% | −1.3% | ||
Additional | ||||||
| 25.8% | 23.6% | 23.3% | 22.6% | 24.9% | ||
| — | 19.7% | 21.0% | 19.1% | 9.0% | ||
| 16.2% | 13.0% | 13.8% | 16.2% | 21.5% | ||
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 | 23.62 | 19.97 | 17.42 | 16.20 | 16.20 | |
| Return on Assets | 15.56 | 14.05 | 13.79 | 13.55 | 13.55 | |
| Return on Capital Employed | 26.97 | 23.15 | 20.84 | 19.01 | 19.01 | |
| Return on Invested Capital | 17.15 | 14.99 | 15.64 | 13.03 | 16.56 | |
| Margins | ||||||
| EBITDA Margin | 20.60 | 20.41 | 19.51 | 19.06 | 21.26 | |
| Operating Margin | 17.79 | 17.29 | 16.25 | 15.81 | 15.81 | |
| Incremental Operating Margin | — | 42.16 | -2.84 | 5.15 | — | |
| Pretax Margin | 17.53 | 17.17 | 16.64 | 17.05 | 19.65 | |
| Net Income Margin | 13.16 | 13.29 | 12.76 | 13.03 | 14.58 | |
| Net Income to Common Margin | 13.16 | 13.29 | 12.76 | 13.03 | — | |
| FCF Margin | -1.30 | 5.85 | 19.30 | 11.93 | 11.93 | |
| Additional | ||||||
| Effective Tax Rate | 24.91 | 22.59 | 23.30 | 23.59 | 25.80 | |
| Dvd Payout Ratio | 9.03 | 19.10 | 20.97 | 19.72 | — | |
| Sustainable Growth Rate | 21.49 | 16.16 | 13.77 | 13.00 | 16.20 | |