| 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× | 0.74× | 0.73× | 0.70× | 0.68× | ||
| 1.28× | 1.29× | 1.34× | 1.44× | 1.42× | ||
| 39.5% | 38.7% | 35.7% | 30.6% | 31.8% | ||
| 0.46× | 0.46× | 0.45× | 0.41× | 0.36× | ||
| 1.18× | 1.17× | 1.17× | 1.16× | 1.14× | ||
| 20.4% | 19.8% | 18.4% | 14.7% | 12.5% | ||
| 19.7% | 19.7% | 18.0% | 14.5% | 12.3% | ||
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) × | 0.68 | 0.70 | 0.73 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.42 | 1.44 | 1.34 | 1.29 | 1.28 | |
| EBIT Margin % | 31.83 | 30.65 | 35.70 | 38.69 | 39.55 | |
| Asset Turnover × | 0.36 | 0.41 | 0.45 | 0.46 | 0.46 | |
| Financial Leverage (Assets/Equity) × | 1.14 | 1.16 | 1.17 | 1.17 | 1.18 | |
| ROE (5-step product, year-end total equity) % | 12.52 | 14.73 | 18.39 | 19.78 | 20.44 | |
| ROE (owners' profit / average owners' equity) % | 12.30 | 14.47 | 18.02 | 19.69 | 19.69 | |