| 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× | 0.75× | 0.77× | 0.75× | ||
| 1.07× | 1.07× | 1.00× | 1.07× | 1.04× | ||
| 15.7% | 15.4% | 14.7% | 19.0% | 15.7% | ||
| 1.10× | 1.10× | 1.12× | 1.27× | 1.41× | ||
| 1.62× | 1.57× | 1.51× | 1.54× | 1.57× | ||
| 22.6% | 21.3% | 18.6% | 30.6% | 26.9% | ||
| 21.2% | 21.2% | 19.2% | 31.5% | 27.6% | ||
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 | 0.77 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.04 | 1.07 | 1.00 | 1.07 | 1.07 | |
| EBIT Margin % | 15.66 | 18.97 | 14.69 | 15.36 | 15.67 | |
| Asset Turnover × | 1.41 | 1.27 | 1.12 | 1.10 | 1.10 | |
| Financial Leverage (Assets/Equity) × | 1.57 | 1.54 | 1.51 | 1.57 | 1.62 | |
| ROE (5-step product, year-end total equity) % | 26.91 | 30.64 | 18.55 | 21.31 | 22.57 | |
| ROE (owners' profit / average owners' equity) % | 27.56 | 31.45 | 19.24 | 21.22 | 21.22 | |