| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.75× | 0.74× | 0.75× | 0.75× | ||
| 0.82× | 0.76× | 0.78× | 0.79× | 0.76× | ||
| 8.8% | 7.5% | 7.6% | 8.7% | 7.8% | ||
| 1.83× | 1.83× | 1.78× | 1.81× | 2.00× | ||
| 1.91× | 2.54× | 2.50× | 2.48× | 3.67× | ||
| 18.8% | 19.8% | 19.7% | 22.9% | 32.7% | ||
| 19.7% | 19.7% | 19.6% | 27.0% | 32.3% | ||
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) × | 0.75 | 0.75 | 0.74 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.76 | 0.79 | 0.78 | 0.76 | 0.82 | |
| EBIT Margin % | 7.82 | 8.71 | 7.62 | 7.49 | 8.76 | |
| Asset Turnover × | 2.00 | 1.81 | 1.78 | 1.83 | 1.83 | |
| Financial Leverage (Assets/Equity) × | 3.67 | 2.48 | 2.50 | 2.54 | 1.91 | |
| ROE (5-step product, year-end total equity) % | 32.65 | 22.93 | 19.68 | 19.85 | 18.82 | |
| ROE (owners' profit / average owners' equity) % | 32.28 | 27.00 | 19.60 | 19.74 | 19.74 | |