| 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× | 0.80× | 0.78× | 0.71× | 0.81× | ||
| 0.87× | 0.81× | 0.77× | 0.64× | 0.50× | ||
| 23.4% | 19.6% | 22.2% | 18.2% | 15.8% | ||
| 0.24× | 0.24× | 0.25× | 0.29× | 0.22× | ||
| 3.56× | 3.49× | 3.73× | 5.03× | 5.21× | ||
| 13.3% | 10.7% | 12.5% | 11.9% | 7.4% | ||
| 10.3% | 10.3% | 14.8% | 13.1% | 9.5% | ||
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) × | 0.81 | 0.71 | 0.78 | 0.80 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 0.50 | 0.64 | 0.77 | 0.81 | 0.87 | |
| EBIT Margin % | 15.81 | 18.22 | 22.18 | 19.57 | 23.35 | |
| Asset Turnover × | 0.22 | 0.29 | 0.25 | 0.24 | 0.24 | |
| Financial Leverage (Assets/Equity) × | 5.21 | 5.03 | 3.73 | 3.49 | 3.56 | |
| ROE (5-step product, year-end total equity) % | 7.39 | 11.94 | 12.52 | 10.65 | 13.32 | |
| ROE (owners' profit / average owners' equity) % | 9.47 | 13.10 | 14.77 | 10.34 | 10.34 | |