| 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. | |||||
|---|---|---|---|---|---|---|
| 0.91× | 0.84× | 0.78× | 1.00× | 1.40× | ||
| 1.00× | 1.02× | 0.96× | 1.46× | 1.14× | ||
| 31.5% | 28.1% | 30.2% | 28.3% | 17.4% | ||
| 0.43× | 0.43× | 0.55× | 0.57× | 0.46× | ||
| 2.11× | 2.14× | 1.96× | 2.14× | 2.87× | ||
| 26.1% | 22.0% | 24.4% | 50.5% | 36.6% | ||
| 21.2% | 21.2% | 26.0% | 57.1% | 44.2% | ||
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) × | 1.40 | 1.00 | 0.78 | 0.84 | 0.91 | |
| Interest Burden (Pretax/EBIT) × | 1.14 | 1.46 | 0.96 | 1.02 | 1.00 | |
| EBIT Margin % | 17.39 | 28.30 | 30.24 | 28.10 | 31.55 | |
| Asset Turnover × | 0.46 | 0.57 | 0.55 | 0.43 | 0.43 | |
| Financial Leverage (Assets/Equity) × | 2.87 | 2.14 | 1.96 | 2.14 | 2.11 | |
| ROE (5-step product, year-end total equity) % | 36.56 | 50.46 | 24.43 | 22.03 | 26.06 | |
| ROE (owners' profit / average owners' equity) % | 44.16 | 57.05 | 26.01 | 21.16 | 21.16 | |