2.142
Revenue₹B
1.010
1.082
1.139
1.212
1.281
1.408
1.524
1.661
1.822
1.987
2.323
9.19%
7.98%
16
4.39
Revenue growth%
14.58
15.67
16.67
16.44
19.07
17.62
17.68
17.66
15.26
15.00
3.70
17.62
16.56
70
23.72
Gross margin%
19.57
17.65
17.44
18.28
15.65
15.43
17.11
14.31
11.49
11.13
18.93
14.31
16.38
61
10.52
Operating margin%
26.84
24.37
24.28
26.62
26.13
24.25
23.03
20.48
19.14
18.55
23.08
20.48
24.27
71
7.56
Net margin%
7.29
7.74
9.90
12.72
15.26
17.57
17.30
17.34
14.42
13.71
24.47
17.30
14.07
76
8.887
P/E ratio (avg)x
15.79
16.63
17.77
19.41
20.08
22.93
24.16
27.90
31.83
34.85
27.57
27.90
21.51
80
32.36
EV/EBITx
26.77
24.05
21.59
20.40
20.37
18.34
18.05
17.59
18.57
19.35
26.53
18.34
19.86
48
14.45
FCF yield (avg)%
13.89
16.21
15.77
16.89
17.50
17.14
16.24
16.67
17.50
20.36
17.27
17.14
16.78
61
19.94
FCF margin%
0.40
1.71
0.40
0.64
0.40
0.40
0.40
0.40
0.40
0.40
16.87
0.40
0.40
40
0.650
FCF / Net incomex
1.377
1.239
1.079
0.953
0.841
0.907
0.943
1.012
1.099
1.176
0.423
1.012
1.045
45
27.43
ROIC%
20.84
19.10
17.04
15.52
15.36
16.37
19.04
21.91
19.92
19.41
15.74
19.41
19.07
72
3.92
Return on equity%
2.67
5.46
5.24
7.60
5.02
5.69
6.49
6.92
8.85
11.75
12.06
6.92
6.09
68
18.40
Return on assets%
15.65
17.53
14.86
17.43
17.60
19.28
19.24
16.74
15.95
14.00
14.77
16.74
17.09
21
10.21
EPS₹
27.29
26.64
28.38
31.18
30.90
31.79
31.80
33.50
37.58
37.70
11.40
4.06%
2.76%
—
24.89
EPS growth%
22.65
20.81
21.18
21.16
21.05
18.10
19.31
19.73
22.09
19.43
11.05
19.43
20.93
21
3.94
Bookvalue per sh₹
17.44
16.81
17.45
19.76
21.78
22.81
22.79
25.95
29.44
31.10
5.72
7.39%
7.33%
—
15.90
FCF per share₹
24.05
23.64
23.00
27.62
26.76
29.66
33.36
39.26
45.06
53.62
7.80
14.91%
9.36%
—
11.93
Dividend per sh₹
4.42
4.81
4.87
5.20
4.85
4.76
4.56
4.76
5.42
5.89
12.01
3.97%
3.87%
—
10.23
Div yield (avg)%
21.39
23.97
21.89
21.41
19.04
18.32
19.32
19.04
18.11
16.90
22.86
18.32
19.18
57
27.52
Payout ratio%
9.97
9.05
7.68
6.79
8.10
7.99
8.04
9.27
9.80
12.38
7.83
9.27
8.58
90
68.03
Shares (diluted)M
103.6
120.1
142.8
168.5
173.6
207.9
242.6
266.0
274.3
319.4
70.88
12.97%
12.79%
32
11.51
Buyback yield%
2.67
3.85
1.23
2.36
1.96
4.28
5.40
6.85
5.06
7.78
20.70
5.40
4.07
27
0.846
D/E ratiox
2.234
2.661
2.921
2.908
3.179
3.701
4.448
4.711
5.415
5.938
1.250
4.711
3.440
41
0.862
Enterprise value₹B
1.390
1.486
1.412
1.533
1.652
1.439
1.323
1.429
1.262
1.205
0.806
(6.12%)
(1.67%)
20
0.114
LT debt₹B
3.931
3.998
4.728
5.619
5.879
6.205
7.068
8.334
8.531
9.607
1.240
10.32%
10.96%
37
Revenue
₹1.987B
7.98%
1.00×
Cost of revenue
₹1.147B
8.14%
1.02×
Operating expenses
₹389.8M
7.75%
0.98×
Goodwill & intangibles
20.49%
Spread over hurdle
(2.78%)