| 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× | 0.73× | 0.74× | 0.76× | 0.85× | ||
| 0.81× | 0.82× | 0.83× | 0.80× | 0.89× | ||
| 7.5% | 7.7% | 7.1% | 7.5% | 6.5% | ||
| 1.10× | 1.10× | 1.08× | 1.09× | 1.15× | ||
| 2.47× | 2.13× | 2.09× | 2.01× | 2.03× | ||
| 12.5% | 10.8% | 10.0% | 10.0% | 11.5% | ||
| 10.6% | 10.6% | 9.7% | 9.8% | 12.9% | ||
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) × | 0.85 | 0.76 | 0.74 | 0.73 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.89 | 0.80 | 0.83 | 0.82 | 0.81 | |
| EBIT Margin % | 6.53 | 7.49 | 7.14 | 7.68 | 7.54 | |
| Asset Turnover × | 1.15 | 1.09 | 1.08 | 1.10 | 1.10 | |
| Financial Leverage (Assets/Equity) × | 2.03 | 2.01 | 2.09 | 2.13 | 2.47 | |
| ROE (5-step product, year-end total equity) % | 11.51 | 9.96 | 9.97 | 10.77 | 12.48 | |
| ROE (owners' profit / average owners' equity) % | 12.85 | 9.77 | 9.65 | 10.57 | 10.57 | |