| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Dec 2025 | FY25Dec 2024 | FY24Dec 2023 | FY23Dec 2022 | 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× | 0.77× | 0.76× | 1.05× | −0.14× | ||
| 1.08× | 1.07× | 1.06× | 0.98× | 1.09× | ||
| 10.9% | 10.7% | 11.4% | 11.9% | 10.0% | ||
| 0.92× | 0.92× | 0.92× | 0.94× | 0.88× | ||
| 1.44× | 1.44× | 1.49× | 1.63× | 1.95× | ||
| 12.1% | 11.7% | 12.6% | 18.6% | −2.7% | ||
| 11.8% | 11.8% | 13.2% | 20.3% | −2.7% | ||
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 31/12/2022 | FY24 31/12/2023 | FY25 31/12/2024 | FY26 31/12/2025 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| 5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage | ||||||
| Tax Burden (Net Income/Pretax) × | -0.14 | 1.05 | 0.76 | 0.77 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 1.09 | 0.98 | 1.06 | 1.07 | 1.08 | |
| EBIT Margin % | 10.01 | 11.87 | 11.38 | 10.68 | 10.92 | |
| Asset Turnover × | 0.88 | 0.94 | 0.92 | 0.92 | 0.92 | |
| Financial Leverage (Assets/Equity) × | 1.95 | 1.63 | 1.49 | 1.44 | 1.44 | |
| ROE (5-step product, year-end total equity) % | -2.67 | 18.58 | 12.61 | 11.68 | 12.07 | |
| ROE (owners' profit / average owners' equity) % | -2.65 | 20.30 | 13.17 | 11.80 | 11.80 | |