| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 4,541 | 4,541 | 3,823 | 4,137 | 4,618 | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 4,445 | 4,445 | 3,640 | 4,030 | 4,415 | ||
| 0.44× | 0.44× | 0.42× | 0.46× | 0.52× | ||
| 0.43× | 0.43× | 0.40× | 0.45× | 0.50× | ||
| 2.45× | 2.45× | 2.79× | 2.55× | 3.82× | ||
| 2.28× | 2.39× | 2.65× | 2.48× | 3.65× | ||
| 2.44× | 2.44× | 1.01× | 1.32× | 0.51× | ||
| 30.3% | 30.7% | 29.8% | 31.5% | 34.3% | ||
As filed — company-reported covenants | ||||||
| 0.50× | 0.44× | 0.42× | — | 1.00× | ||
| 1.01× | 0.99× | 1.45× | 1.00× | 1.00× | ||
| 2.27× | 3.69× | 3.02× | 3.00× | 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 | 4,617.7 | 4,137.0 | 3,822.6 | 4,540.8 | 4,540.8 | |
| Net Debt | 4,414.6 | 4,030.1 | 3,640.3 | 4,444.5 | 4,444.5 | |
| Total Debt/Equity | 0.52 | 0.46 | 0.42 | 0.44 | 0.44 | |
| Net Debt/Equity | 0.50 | 0.45 | 0.40 | 0.43 | 0.43 | |
| Total Debt/EBITDA | 3.82 | 2.55 | 2.79 | 2.45 | 2.45 | |
| Net Debt/EBITDA | 3.65 | 2.48 | 2.65 | 2.39 | 2.28 | |
| Interest Coverage (EBIT/Interest) | 0.51 | 1.32 | 1.01 | 2.44 | 2.44 | |
| Total Debt/Total Capital % | 34.32 | 31.53 | 29.81 | 30.74 | 30.29 | |
| As Filed — company-reported covenants | ||||||
| Debt/Equity (as filed) | 1.00 | — | 0.42 | 0.44 | 0.50 | |
| Debt Service Coverage (as filed) | 1.00 | 1.00 | 1.45 | 0.99 | 1.01 | |
| Interest Service Coverage (as filed) | 3.00 | 3.00 | 3.02 | 3.69 | 2.27 | |