| 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. | |||||
|---|---|---|---|---|---|---|
| 0.72× | 0.72× | 0.74× | 0.74× | 0.75× | ||
| 0.75× | 0.75× | 0.85× | 0.92× | 0.94× | ||
| 37.4% | 33.0% | 35.8% | 38.4% | 42.0% | ||
| 0.25× | 0.25× | 0.35× | 0.41× | 0.41× | ||
| 3.38× | 3.89× | 2.99× | 4.36× | 3.46× | ||
| 17.3% | 17.3% | 23.5% | 47.1% | 42.1% | ||
| 15.6% | 15.6% | 27.1% | 43.3% | 47.5% | ||
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) × | 0.75 | 0.74 | 0.74 | 0.72 | 0.72 | |
| Interest Burden (Pretax/EBIT) × | 0.94 | 0.92 | 0.85 | 0.75 | 0.75 | |
| EBIT Margin % | 42.04 | 38.43 | 35.84 | 32.96 | 37.42 | |
| Asset Turnover × | 0.41 | 0.41 | 0.35 | 0.25 | 0.25 | |
| Financial Leverage (Assets/Equity) × | 3.46 | 4.36 | 2.99 | 3.89 | 3.38 | |
| ROE (5-step product, year-end total equity) % | 42.05 | 47.12 | 23.45 | 17.31 | 17.27 | |
| ROE (owners' profit / average owners' equity) % | 47.52 | 43.29 | 27.07 | 15.59 | 15.59 | |