| 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.74× | 0.77× | 0.73× | 0.70× | ||
| 1.11× | 1.12× | 1.13× | 1.09× | 1.05× | ||
| 12.4% | 16.6% | 21.9% | 20.3% | 16.9% | ||
| 0.71× | 0.71× | 0.79× | 0.83× | 0.80× | ||
| 1.22× | 1.23× | 1.19× | 1.22× | 1.24× | ||
| 8.8% | 12.0% | 18.1% | 16.3% | 12.4% | ||
| 11.8% | 11.8% | 18.2% | 16.5% | 12.7% | ||
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 31/03/2023 | 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) × | 0.70 | 0.73 | 0.77 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 1.05 | 1.09 | 1.13 | 1.12 | 1.11 | |
| EBIT Margin % | 16.94 | 20.33 | 21.86 | 16.59 | 12.37 | |
| Asset Turnover × | 0.80 | 0.83 | 0.79 | 0.71 | 0.71 | |
| Financial Leverage (Assets/Equity) × | 1.24 | 1.22 | 1.19 | 1.23 | 1.22 | |
| ROE (5-step product, year-end total equity) % | 12.38 | 16.33 | 18.06 | 11.99 | 8.80 | |
| ROE (owners' profit / average owners' equity) % | 12.66 | 16.45 | 18.21 | 11.82 | 11.82 | |