| 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. | |||||
|---|---|---|---|---|---|---|
| 0.81× | 0.79× | 0.66× | 0.79× | 0.83× | ||
| 1.05× | 1.08× | 1.11× | 1.16× | 1.19× | ||
| 18.6% | 19.7% | 19.7% | 18.7% | 16.9% | ||
| 0.96× | 0.96× | 1.09× | 1.20× | 1.04× | ||
| 2.15× | 1.92× | 1.54× | 1.36× | 1.20× | ||
| 32.7% | 31.0% | 24.1% | 28.0% | 20.7% | ||
| 29.0% | 29.0% | 22.8% | 26.4% | 20.5% | ||
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) × | 0.83 | 0.79 | 0.66 | 0.79 | 0.81 | |
| Interest Burden (Pretax/EBIT) × | 1.19 | 1.16 | 1.11 | 1.08 | 1.05 | |
| EBIT Margin % | 16.91 | 18.71 | 19.71 | 19.74 | 18.56 | |
| Asset Turnover × | 1.04 | 1.20 | 1.09 | 0.96 | 0.96 | |
| Financial Leverage (Assets/Equity) × | 1.20 | 1.36 | 1.54 | 1.92 | 2.15 | |
| ROE (5-step product, year-end total equity) % | 20.69 | 28.00 | 24.11 | 30.98 | 32.74 | |
| ROE (owners' profit / average owners' equity) % | 20.47 | 26.43 | 22.84 | 29.03 | 29.03 | |