| 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× | 0.75× | 0.76× | 0.77× | 0.74× | ||
| 1.33× | 1.32× | 1.23× | 1.17× | 1.18× | ||
| 19.0% | 18.5% | 26.4% | 29.0% | 23.2% | ||
| 0.62× | 0.62× | 0.58× | 0.63× | 0.71× | ||
| 2.31× | 2.36× | 2.60× | 2.84× | 3.64× | ||
| 27.9% | 27.0% | 37.2% | 47.0% | 52.6% | ||
| 28.5% | 28.5% | 38.9% | 53.4% | 56.1% | ||
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) × | 0.74 | 0.77 | 0.76 | 0.75 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 1.18 | 1.17 | 1.23 | 1.32 | 1.33 | |
| EBIT Margin % | 23.25 | 28.97 | 26.45 | 18.47 | 19.04 | |
| Asset Turnover × | 0.71 | 0.63 | 0.58 | 0.62 | 0.62 | |
| Financial Leverage (Assets/Equity) × | 3.64 | 2.84 | 2.60 | 2.36 | 2.31 | |
| ROE (5-step product, year-end total equity) % | 52.58 | 47.04 | 37.18 | 27.01 | 27.92 | |
| ROE (owners' profit / average owners' equity) % | 56.11 | 53.44 | 38.89 | 28.50 | 28.50 | |