| 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. | |||||
|---|---|---|---|---|---|---|
| 0.89× | 0.84× | 0.88× | 0.91× | 0.88× | ||
| 0.83× | 0.79× | 0.77× | 0.79× | 0.91× | ||
| 13.3% | 13.0% | 14.7% | 13.1% | 16.2% | ||
| 1.04× | 1.04× | 0.80× | 0.87× | 0.80× | ||
| 1.68× | 1.85× | 2.16× | 2.11× | 1.75× | ||
| 17.2% | 16.7% | 17.2% | 17.3% | 18.2% | ||
| 18.0% | 18.0% | 17.1% | 15.9% | 18.1% | ||
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) × | 0.88 | 0.91 | 0.88 | 0.84 | 0.89 | |
| Interest Burden (Pretax/EBIT) × | 0.91 | 0.79 | 0.77 | 0.79 | 0.83 | |
| EBIT Margin % | 16.23 | 13.10 | 14.70 | 13.03 | 13.30 | |
| Asset Turnover × | 0.80 | 0.87 | 0.80 | 1.04 | 1.04 | |
| Financial Leverage (Assets/Equity) × | 1.75 | 2.11 | 2.16 | 1.85 | 1.68 | |
| ROE (5-step product, year-end total equity) % | 18.20 | 17.32 | 17.23 | 16.71 | 17.24 | |
| ROE (owners' profit / average owners' equity) % | 18.14 | 15.85 | 17.05 | 18.00 | 18.00 | |