| 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. | |||||
|---|---|---|---|---|---|---|
| 0.97× | 1.15× | 1.08× | 1.05× | 0.89× | ||
| 0.63× | 0.53× | 0.54× | 0.66× | 0.78× | ||
| 9.2% | 8.4% | 7.8% | 9.4% | 11.8% | ||
| 0.68× | 0.68× | 0.70× | 0.70× | 0.73× | ||
| 2.28× | 2.23× | 1.98× | 1.82× | 1.74× | ||
| 8.7% | 7.7% | 6.3% | 8.3% | 10.5% | ||
| 7.3% | 7.3% | 6.1% | 8.2% | 10.1% | ||
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) × | 0.89 | 1.05 | 1.08 | 1.15 | 0.97 | |
| Interest Burden (Pretax/EBIT) × | 0.78 | 0.66 | 0.54 | 0.53 | 0.63 | |
| EBIT Margin % | 11.76 | 9.39 | 7.79 | 8.37 | 9.15 | |
| Asset Turnover × | 0.73 | 0.70 | 0.70 | 0.68 | 0.68 | |
| Financial Leverage (Assets/Equity) × | 1.74 | 1.82 | 1.98 | 2.23 | 2.28 | |
| ROE (5-step product, year-end total equity) % | 10.49 | 8.32 | 6.32 | 7.68 | 8.70 | |
| ROE (owners' profit / average owners' equity) % | 10.06 | 8.16 | 6.07 | 7.25 | 7.25 | |