| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.75× | 0.75× | 0.75× | 0.75× | ||
| 0.62× | 0.65× | 0.79× | 0.72× | 0.75× | ||
| 26.8% | 28.6% | 31.9% | 25.5% | 22.9% | ||
| 0.18× | 0.18× | 0.19× | 0.21× | 0.21× | ||
| 1.91× | 2.94× | 2.76× | 3.79× | 3.54× | ||
| 4.2% | 7.3% | 10.0% | 11.0% | 9.6% | ||
| 7.1% | 7.1% | 11.9% | 10.9% | 9.4% | ||
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) × | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.75 | 0.72 | 0.79 | 0.65 | 0.62 | |
| EBIT Margin % | 22.85 | 25.48 | 31.91 | 28.63 | 26.80 | |
| Asset Turnover × | 0.21 | 0.21 | 0.19 | 0.18 | 0.18 | |
| Financial Leverage (Assets/Equity) × | 3.54 | 3.79 | 2.76 | 2.94 | 1.91 | |
| ROE (5-step product, year-end total equity) % | 9.60 | 10.99 | 9.95 | 7.31 | 4.24 | |
| ROE (owners' profit / average owners' equity) % | 9.40 | 10.85 | 11.93 | 7.05 | 7.05 | |