| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.75× | 0.75× | 0.75× | 0.75× | ||
| 1.08× | 1.08× | 1.08× | 1.07× | 1.05× | ||
| 39.4% | 38.6% | 40.4% | 38.2% | 37.1% | ||
| 0.89× | 0.89× | 0.94× | 0.90× | 1.08× | ||
| 1.31× | 1.37× | 1.43× | 1.54× | 1.40× | ||
| 37.0% | 38.0% | 43.8% | 42.9% | 44.4% | ||
| 39.0% | 39.0% | 46.3% | 41.7% | 39.9% | ||
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) × | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.05 | 1.07 | 1.08 | 1.08 | 1.08 | |
| EBIT Margin % | 37.14 | 38.22 | 40.39 | 38.59 | 39.44 | |
| Asset Turnover × | 1.08 | 0.90 | 0.94 | 0.89 | 0.89 | |
| Financial Leverage (Assets/Equity) × | 1.40 | 1.54 | 1.43 | 1.37 | 1.31 | |
| ROE (5-step product, year-end total equity) % | 44.37 | 42.93 | 43.84 | 37.97 | 37.05 | |
| ROE (owners' profit / average owners' equity) % | 39.91 | 41.70 | 46.25 | 39.03 | 39.03 | |