| 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. | |||||
|---|---|---|---|---|---|---|
| 0.89× | 0.85× | 0.76× | 0.75× | 0.76× | ||
| 0.92× | 0.93× | 1.27× | 1.04× | 1.07× | ||
| 18.9% | 17.3% | 15.9% | 17.5% | 15.4% | ||
| 1.28× | 1.28× | 1.39× | 1.34× | 1.24× | ||
| 1.98× | 2.07× | 1.62× | 1.50× | 1.45× | ||
| 39.2% | 36.4% | 34.2% | 27.4% | 22.5% | ||
| 32.2% | 32.2% | 33.0% | 26.9% | 22.3% | ||
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 | 0.75 | 0.76 | 0.85 | 0.89 | |
| Interest Burden (Pretax/EBIT) × | 1.07 | 1.04 | 1.27 | 0.93 | 0.92 | |
| EBIT Margin % | 15.41 | 17.47 | 15.91 | 17.30 | 18.91 | |
| Asset Turnover × | 1.24 | 1.34 | 1.39 | 1.28 | 1.28 | |
| Financial Leverage (Assets/Equity) × | 1.45 | 1.50 | 1.62 | 2.07 | 1.98 | |
| ROE (5-step product, year-end total equity) % | 22.54 | 27.36 | 34.25 | 36.37 | 39.18 | |
| ROE (owners' profit / average owners' equity) % | 22.25 | 26.94 | 32.99 | 32.22 | 32.22 | |