| 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× | 0.74× | 0.74× | 0.74× | ||
| 1.04× | 1.05× | 1.07× | 1.04× | 1.04× | ||
| 27.6% | 28.1% | 29.7% | 30.1% | 26.0% | ||
| 1.88× | 1.88× | 1.94× | 1.87× | 1.81× | ||
| 2.25× | 2.15× | 1.81× | 1.71× | 1.68× | ||
| 90.1% | 88.8% | 83.7% | 74.3% | 60.9% | ||
| 81.6% | 81.6% | 81.2% | 73.7% | 60.7% | ||
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) × | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 1.04 | 1.04 | 1.07 | 1.05 | 1.04 | |
| EBIT Margin % | 26.04 | 30.10 | 29.72 | 28.15 | 27.59 | |
| Asset Turnover × | 1.81 | 1.87 | 1.94 | 1.88 | 1.88 | |
| Financial Leverage (Assets/Equity) × | 1.68 | 1.71 | 1.81 | 2.15 | 2.25 | |
| ROE (5-step product, year-end total equity) % | 60.92 | 74.31 | 83.69 | 88.83 | 90.09 | |
| ROE (owners' profit / average owners' equity) % | 60.69 | 73.73 | 81.20 | 81.59 | 81.59 | |