| 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. | |||||
|---|---|---|---|---|---|---|
| 0.81× | 0.80× | 0.77× | 0.80× | 0.90× | ||
| — | — | 0.32× | 0.36× | 0.73× | ||
| — | — | 34.5% | 34.3% | 26.6% | ||
| 0.15× | 0.15× | 0.16× | 0.17× | 0.17× | ||
| 7.94× | 9.12× | 8.63× | 8.10× | 8.28× | ||
| — | — | 11.6% | 13.7% | 24.8% | ||
| 11.6% | 11.6% | 11.7% | 14.2% | 26.8% | ||
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) × | 0.90 | 0.80 | 0.77 | 0.80 | 0.81 | |
| Interest Burden (Pretax/EBIT) × | 0.73 | 0.36 | 0.32 | — | — | |
| EBIT Margin % | 26.62 | 34.32 | 34.46 | — | — | |
| Asset Turnover × | 0.17 | 0.17 | 0.16 | 0.15 | 0.15 | |
| Financial Leverage (Assets/Equity) × | 8.28 | 8.10 | 8.63 | 9.12 | 7.94 | |
| ROE (5-step product, year-end total equity) % | 24.78 | 13.73 | 11.60 | — | — | |
| ROE (owners' profit / average owners' equity) % | 26.79 | 14.15 | 11.65 | 11.62 | 11.62 | |