| 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. | |||||
|---|---|---|---|---|---|---|
| 0.77× | 0.76× | 0.76× | 0.76× | 0.76× | ||
| 0.89× | 0.90× | 0.92× | 0.93× | 0.95× | ||
| 12.8% | 14.8% | 17.2% | 19.6% | 16.2% | ||
| 0.74× | 0.74× | 0.76× | 0.79× | 0.93× | ||
| 1.94× | 1.96× | 1.82× | 1.84× | 1.92× | ||
| 12.6% | 14.9% | 16.7% | 20.2% | 20.8% | ||
| 14.5% | 14.5% | 16.8% | 20.5% | 20.4% | ||
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) × | 0.76 | 0.76 | 0.76 | 0.76 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 0.95 | 0.93 | 0.92 | 0.90 | 0.89 | |
| EBIT Margin % | 16.16 | 19.64 | 17.18 | 14.85 | 12.78 | |
| Asset Turnover × | 0.93 | 0.79 | 0.76 | 0.74 | 0.74 | |
| Financial Leverage (Assets/Equity) × | 1.92 | 1.84 | 1.82 | 1.96 | 1.94 | |
| ROE (5-step product, year-end total equity) % | 20.83 | 20.16 | 16.74 | 14.86 | 12.56 | |
| ROE (owners' profit / average owners' equity) % | 20.40 | 20.47 | 16.81 | 14.46 | 14.46 | |