| 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. | |||||
|---|---|---|---|---|---|---|
| 0.76× | 0.74× | 0.74× | 0.74× | 0.74× | ||
| 1.48× | 1.20× | 1.08× | 1.07× | 1.03× | ||
| 32.6% | 38.9% | 39.9% | 39.3% | 40.5% | ||
| 1.00× | 1.00× | 1.02× | 0.96× | 0.99× | ||
| 1.23× | 1.31× | 1.40× | 1.33× | 1.30× | ||
| 45.3% | 45.4% | 45.7% | 39.8% | 39.6% | ||
| 47.4% | 47.4% | 45.3% | 40.3% | 41.5% | ||
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) × | 0.74 | 0.74 | 0.74 | 0.74 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 1.03 | 1.07 | 1.08 | 1.20 | 1.48 | |
| EBIT Margin % | 40.49 | 39.27 | 39.91 | 38.94 | 32.58 | |
| Asset Turnover × | 0.99 | 0.96 | 1.02 | 1.00 | 1.00 | |
| Financial Leverage (Assets/Equity) × | 1.30 | 1.33 | 1.40 | 1.31 | 1.23 | |
| ROE (5-step product, year-end total equity) % | 39.55 | 39.80 | 45.68 | 45.43 | 45.25 | |
| ROE (owners' profit / average owners' equity) % | 41.48 | 40.28 | 45.33 | 47.35 | 47.35 | |