| 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. | |||||
|---|---|---|---|---|---|---|
| 0.70× | 0.72× | 0.72× | 0.75× | 0.75× | ||
| 0.98× | 1.01× | 0.95× | 1.09× | 0.91× | ||
| 12.0% | 13.5% | 22.6% | 29.5% | 39.2% | ||
| 0.43× | 0.43× | 0.47× | 0.70× | 0.88× | ||
| 1.44× | 1.38× | 1.28× | 1.21× | 1.23× | ||
| 5.1% | 5.8% | 9.4% | 20.3% | 28.7% | ||
| 5.6% | 5.6% | 9.1% | 20.4% | 45.2% | ||
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 | 0.72 | 0.72 | 0.70 | |
| Interest Burden (Pretax/EBIT) × | 0.91 | 1.09 | 0.95 | 1.01 | 0.98 | |
| EBIT Margin % | 39.23 | 29.50 | 22.55 | 13.50 | 12.04 | |
| Asset Turnover × | 0.88 | 0.70 | 0.47 | 0.43 | 0.43 | |
| Financial Leverage (Assets/Equity) × | 1.23 | 1.21 | 1.28 | 1.38 | 1.44 | |
| ROE (5-step product, year-end total equity) % | 28.66 | 20.28 | 9.40 | 5.78 | 5.14 | |
| ROE (owners' profit / average owners' equity) % | 45.18 | 20.37 | 9.10 | 5.55 | 5.55 | |