| 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× | 0.76× | 0.76× | ||
| 1.08× | 1.07× | 1.12× | 1.14× | 1.07× | ||
| 26.1% | 27.1% | 26.8% | 22.7% | 20.6% | ||
| 0.65× | 0.65× | 0.59× | 0.54× | 0.51× | ||
| 1.73× | 1.86× | 2.04× | 2.42× | 2.56× | ||
| 23.8% | 26.5% | 27.0% | 25.7% | 22.0% | ||
| 27.6% | 27.6% | 29.3% | 26.4% | 22.8% | ||
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) × | 0.76 | 0.76 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.07 | 1.14 | 1.12 | 1.07 | 1.08 | |
| EBIT Margin % | 20.62 | 22.71 | 26.78 | 27.14 | 26.11 | |
| Asset Turnover × | 0.51 | 0.54 | 0.59 | 0.65 | 0.65 | |
| Financial Leverage (Assets/Equity) × | 2.56 | 2.42 | 2.04 | 1.86 | 1.73 | |
| ROE (5-step product, year-end total equity) % | 21.96 | 25.68 | 26.98 | 26.48 | 23.84 | |
| ROE (owners' profit / average owners' equity) % | 22.83 | 26.40 | 29.32 | 27.58 | 27.58 | |