Profitability · Beginner
EBITDA margin: what it means and how to read it
EBITDA ÷ sales: profit from the core business before interest, tax, depreciation and amortisation, for every ₹100 of sales.
What is EBITDA margin?
EBITDA ÷ sales: profit from the core business before interest, tax, depreciation and amortisation, for every ₹100 of sales.
A worked example
Sales of ₹1,000 Cr and EBITDA of ₹200 Cr give a 20% margin: ₹20 of every ₹100 sold is left before interest, tax and wear and tear on assets.
Why does EBITDA margin matter?
Shows how profitable the business is before financing and accounting choices.
How do you read EBITDA margin?
Compare within a sector. Software runs high, retail low.
Higher is usually better.
What is a typical EBITDA margin in India today?
The median across the 3393 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 71 companies21.0%
Mid Cap · 117 companies22.0%
Small Cap · 3205 companies11.7%
By industry
Median, largest industries first
Pharmaceuticals · 17616.2%
Computers - Software & Consulting · 4919.5%
Power Generation · 2741.2%
Heavy Electrical Equipment · 3518.6%
Auto Components & Equipments · 10113.4%
Cement & Cement Products · 3112.0%
Civil Construction · 9513.9%
Aerospace & Defense · 2723.2%
Iron & Steel · 1313.4%
Residential Commercial Projects · 9021.6%
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.
What is EBITDA margin for India's largest companies today?
The latest figure for the largest companies with a page here. Each links to what the rest of that company's numbers mean.
EBITDA margin
As of 12 Oct 2026
Reliance Industries17.8%
Bharti Airtel55.9%
Larsen & Toubro13.9%
Hindustan Unilever28.3%
Infosys24.7%