| 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. | |||||
|---|---|---|---|---|---|---|
| 0.77× | 0.75× | 0.75× | 0.74× | 0.72× | ||
| 0.99× | 0.93× | 1.05× | 0.98× | 1.36× | ||
| 5.3% | 6.1% | 6.2% | 5.9% | 5.1% | ||
| 1.47× | 1.47× | 1.61× | 1.61× | 1.64× | ||
| 2.43× | 2.50× | 2.69× | 2.53× | 4.05× | ||
| 14.3% | 15.6% | 21.4% | 17.4% | 33.3% | ||
| 16.3% | 16.3% | 20.8% | 21.1% | 34.1% | ||
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) × | 0.72 | 0.74 | 0.75 | 0.75 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 1.36 | 0.98 | 1.05 | 0.93 | 0.99 | |
| EBIT Margin % | 5.11 | 5.86 | 6.25 | 6.06 | 5.31 | |
| Asset Turnover × | 1.64 | 1.61 | 1.61 | 1.47 | 1.47 | |
| Financial Leverage (Assets/Equity) × | 4.05 | 2.53 | 2.69 | 2.50 | 2.43 | |
| ROE (5-step product, year-end total equity) % | 33.34 | 17.45 | 21.41 | 15.61 | 14.35 | |
| ROE (owners' profit / average owners' equity) % | 34.11 | 21.06 | 20.84 | 16.25 | 16.25 | |