| 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. | |||||
|---|---|---|---|---|---|---|
| 0.84× | 0.90× | 0.72× | 0.80× | 0.78× | ||
| 0.83× | 0.86× | 1.02× | 0.94× | 0.93× | ||
| 14.8% | 13.7% | 10.5% | 12.1% | 12.8% | ||
| 1.20× | 1.20× | 1.30× | 1.56× | 1.51× | ||
| 1.54× | 1.54× | 1.50× | 1.64× | 1.79× | ||
| 19.1% | 19.6% | 15.1% | 23.3% | 25.2% | ||
| 19.7% | 19.7% | 16.2% | 24.1% | 23.9% | ||
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) × | 0.78 | 0.80 | 0.72 | 0.90 | 0.84 | |
| Interest Burden (Pretax/EBIT) × | 0.93 | 0.94 | 1.02 | 0.86 | 0.83 | |
| EBIT Margin % | 12.75 | 12.08 | 10.51 | 13.74 | 14.81 | |
| Asset Turnover × | 1.51 | 1.56 | 1.30 | 1.20 | 1.20 | |
| Financial Leverage (Assets/Equity) × | 1.79 | 1.64 | 1.50 | 1.54 | 1.54 | |
| ROE (5-step product, year-end total equity) % | 25.17 | 23.27 | 15.14 | 19.62 | 19.12 | |
| ROE (owners' profit / average owners' equity) % | 23.86 | 24.09 | 16.23 | 19.68 | 19.68 | |