| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
5-step DuPont — ROE = tax burden × interest burden × EBIT margin × turnover × leverage | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |||||
|---|---|---|---|---|---|---|
| 0.72× | 0.73× | 0.76× | 0.73× | 0.73× | ||
| 0.90× | 0.89× | 0.84× | 0.85× | 0.79× | ||
| 10.3% | 10.8% | 10.8% | 11.7% | 10.3% | ||
| 1.30× | 1.30× | 1.40× | 1.40× | 1.34× | ||
| 1.54× | 1.55× | 1.65× | 1.67× | 1.78× | ||
| 13.3% | 14.1% | 15.8% | 16.8% | 14.2% | ||
| 14.6% | 14.6% | 16.0% | 17.3% | 14.2% | ||
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 | |
|---|---|---|---|---|---|---|
| 5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage | ||||||
| Tax Burden (Net Income/Pretax) × | 0.73 | 0.73 | 0.76 | 0.73 | 0.72 | |
| Interest Burden (Pretax/EBIT) × | 0.79 | 0.85 | 0.84 | 0.89 | 0.90 | |
| EBIT Margin % | 10.25 | 11.68 | 10.80 | 10.75 | 10.30 | |
| Asset Turnover × | 1.34 | 1.40 | 1.40 | 1.30 | 1.30 | |
| Financial Leverage (Assets/Equity) × | 1.78 | 1.67 | 1.65 | 1.55 | 1.54 | |
| ROE (5-step product, year-end total equity) % | 14.25 | 16.84 | 15.78 | 14.11 | 13.32 | |
| ROE (owners' profit / average owners' equity) % | 14.24 | 17.34 | 15.95 | 14.64 | 14.64 | |