| 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. | |||||
|---|---|---|---|---|---|---|
| 25.2% | 25.2% | 18.2% | 10.9% | 3.0% | ||
| 10.6% | 10.6% | 7.2% | 4.0% | 0.9% | ||
| 26.7% | 26.7% | 20.5% | 14.7% | 6.1% | ||
| 16.0% | 15.4% | 10.7% | 8.0% | 2.8% | ||
Margins | ||||||
| 24.8% | 25.2% | 21.6% | 18.6% | 11.6% | ||
| 19.6% | 19.6% | 15.3% | 11.5% | 4.8% | ||
| — | 39.1% | 34.4% | 85.9% | — | ||
| 18.4% | 17.2% | 12.1% | 7.4% | 1.9% | ||
| 13.4% | 12.4% | 8.8% | 5.5% | 1.3% | ||
| 13.6% | — | 8.8% | 5.4% | 1.5% | ||
| 9.0% | 9.0% | −0.9% | 11.6% | −5.7% | ||
Additional | ||||||
| 26.9% | 28.0% | 27.4% | 26.5% | 31.5% | ||
| — | 6.2% | 4.2% | 0.0% | 36.7% | ||
| 25.2% | 23.6% | 17.4% | 10.9% | 1.9% | ||
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 | 3.00 | 10.88 | 18.22 | 25.18 | 25.18 | |
| Return on Assets | 0.93 | 4.03 | 7.20 | 10.63 | 10.63 | |
| Return on Capital Employed | 6.10 | 14.73 | 20.54 | 26.69 | 26.69 | |
| Return on Invested Capital | 2.84 | 7.97 | 10.70 | 15.38 | 16.02 | |
| Margins | ||||||
| EBITDA Margin | 11.56 | 18.55 | 21.58 | 25.21 | 24.83 | |
| Operating Margin | 4.82 | 11.50 | 15.31 | 19.60 | 19.60 | |
| Incremental Operating Margin | — | 85.94 | 34.45 | 39.06 | — | |
| Pretax Margin | 1.93 | 7.41 | 12.11 | 17.15 | 18.36 | |
| Net Income Margin | 1.32 | 5.45 | 8.79 | 12.35 | 13.42 | |
| Net Income to Common Margin | 1.53 | 5.45 | 8.79 | — | 13.56 | |
| FCF Margin | -5.66 | 11.64 | -0.86 | 8.97 | 8.97 | |
| Additional | ||||||
| Effective Tax Rate | 31.46 | 26.54 | 27.41 | 27.97 | 26.92 | |
| Dvd Payout Ratio | 36.72 | 0.00 | 4.23 | 6.17 | — | |
| Sustainable Growth Rate | 1.90 | 10.88 | 17.45 | 23.63 | 25.18 | |