| 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. | |||||
|---|---|---|---|---|---|---|
| 0.83× | 0.84× | 0.87× | 0.83× | 0.77× | ||
| 1.12× | 1.09× | 1.06× | 1.01× | 1.09× | ||
| 25.0% | 24.2% | 22.4% | 21.3% | 18.9% | ||
| 0.42× | 0.42× | 0.41× | 0.32× | 0.22× | ||
| 1.25× | 1.18× | 1.25× | 1.32× | 1.52× | ||
| 12.2% | 11.0% | 10.6% | 7.6% | 5.3% | ||
| 11.2% | 11.2% | 10.9% | 8.1% | 5.6% | ||
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) × | 0.77 | 0.83 | 0.87 | 0.84 | 0.83 | |
| Interest Burden (Pretax/EBIT) × | 1.09 | 1.01 | 1.06 | 1.09 | 1.12 | |
| EBIT Margin % | 18.87 | 21.29 | 22.39 | 24.16 | 25.01 | |
| Asset Turnover × | 0.22 | 0.32 | 0.41 | 0.42 | 0.42 | |
| Financial Leverage (Assets/Equity) × | 1.52 | 1.32 | 1.25 | 1.18 | 1.25 | |
| ROE (5-step product, year-end total equity) % | 5.30 | 7.58 | 10.59 | 11.00 | 12.16 | |
| ROE (owners' profit / average owners' equity) % | 5.61 | 8.05 | 10.89 | 11.15 | 11.15 | |