| 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× | 0.76× | 0.72× | 0.75× | ||
| 0.99× | 0.99× | 1.01× | 0.74× | 0.80× | ||
| 13.5% | 13.0% | 11.4% | 10.5% | 8.5% | ||
| 0.78× | 0.78× | 0.80× | 0.94× | 0.91× | ||
| 1.61× | 1.52× | 1.61× | 2.14× | 2.22× | ||
| 12.5% | 11.4% | 11.3% | 11.2% | 10.4% | ||
| 11.7% | 11.7% | 12.9% | 11.5% | 9.4% | ||
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 | 0.72 | 0.76 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.80 | 0.74 | 1.01 | 0.99 | 0.99 | |
| EBIT Margin % | 8.54 | 10.52 | 11.38 | 12.96 | 13.48 | |
| Asset Turnover × | 0.91 | 0.94 | 0.80 | 0.78 | 0.78 | |
| Financial Leverage (Assets/Equity) × | 2.22 | 2.14 | 1.61 | 1.52 | 1.61 | |
| ROE (5-step product, year-end total equity) % | 10.41 | 11.23 | 11.29 | 11.36 | 12.53 | |
| ROE (owners' profit / average owners' equity) % | 9.41 | 11.54 | 12.85 | 11.69 | 11.69 | |