| Tap a line for its trend | Last 12Mto Jun 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. | |||||
|---|---|---|---|---|---|---|
| 18.4% | 18.4% | 16.4% | 15.1% | 14.3% | ||
| 16.6% | 16.6% | 14.8% | 13.4% | 12.3% | ||
| 19.4% | 19.4% | 17.6% | 15.7% | 15.5% | ||
| 18.6% | 17.2% | 15.5% | 14.9% | 14.9% | ||
Margins | ||||||
| 24.6% | 24.3% | 21.7% | 19.8% | 17.9% | ||
| 21.2% | 21.2% | 18.5% | 16.1% | 15.0% | ||
| — | 49.4% | 42.5% | 48.0% | — | ||
| 27.3% | 26.8% | 22.9% | 19.8% | 17.0% | ||
| 20.3% | 19.8% | 17.0% | 15.3% | 13.4% | ||
| — | 19.8% | 17.0% | 15.3% | 13.4% | ||
| 11.3% | 11.3% | 15.6% | 11.4% | 11.6% | ||
Additional | ||||||
| 25.5% | 26.0% | 25.8% | 22.9% | 20.9% | ||
| — | 11.3% | 8.8% | 7.4% | 8.7% | ||
| 18.4% | 16.3% | 14.9% | 14.0% | 13.0% | ||
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 30/06/2026 | |
|---|---|---|---|---|---|---|
| Returns | ||||||
| Return on Common Equity | 14.27 | 15.11 | 16.38 | 18.37 | 18.37 | |
| Return on Assets | 12.31 | 13.36 | 14.80 | 16.55 | 16.55 | |
| Return on Capital Employed | 15.51 | 15.69 | 17.57 | 19.40 | 19.40 | |
| Return on Invested Capital | 14.86 | 14.94 | 15.54 | 17.22 | 18.65 | |
| Margins | ||||||
| EBITDA Margin | 17.88 | 19.78 | 21.71 | 24.27 | 24.56 | |
| Operating Margin | 15.01 | 16.14 | 18.45 | 21.23 | 21.23 | |
| Incremental Operating Margin | — | 48.01 | 42.51 | 49.43 | — | |
| Pretax Margin | 16.98 | 19.78 | 22.87 | 26.78 | 27.26 | |
| Net Income Margin | 13.44 | 15.25 | 16.96 | 19.83 | 20.30 | |
| Net Income to Common Margin | 13.44 | 15.25 | 16.96 | 19.83 | — | |
| FCF Margin | 11.60 | 11.35 | 15.63 | 11.27 | 11.27 | |
| Additional | ||||||
| Effective Tax Rate | 20.88 | 22.89 | 25.83 | 25.96 | 25.53 | |
| Dvd Payout Ratio | 8.74 | 7.35 | 8.84 | 11.32 | — | |
| Sustainable Growth Rate | 13.02 | 14.00 | 14.93 | 16.29 | 18.37 | |