| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.73× | 0.74× | 0.73× | 0.78× | ||
| 0.97× | 0.98× | 1.02× | 1.03× | 1.02× | ||
| 5.9% | 6.0% | 6.1% | 6.6% | 7.0% | ||
| 2.56× | 2.56× | 2.61× | 2.59× | 2.55× | ||
| 1.26× | 1.21× | 1.14× | 1.13× | 1.13× | ||
| 13.5% | 13.3% | 13.5% | 14.6% | 15.9% | ||
| 13.0% | 13.0% | 13.5% | 14.6% | 16.0% | ||
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) × | 0.78 | 0.73 | 0.74 | 0.73 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.02 | 1.03 | 1.02 | 0.98 | 0.97 | |
| EBIT Margin % | 7.00 | 6.64 | 6.09 | 6.03 | 5.94 | |
| Asset Turnover × | 2.55 | 2.59 | 2.61 | 2.56 | 2.56 | |
| Financial Leverage (Assets/Equity) × | 1.13 | 1.13 | 1.14 | 1.21 | 1.26 | |
| ROE (5-step product, year-end total equity) % | 15.94 | 14.65 | 13.51 | 13.33 | 13.51 | |
| ROE (owners' profit / average owners' equity) % | 15.99 | 14.59 | 13.50 | 12.95 | 12.95 | |