| 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. | |||||
|---|---|---|---|---|---|---|
| 0.85× | 0.86× | 0.86× | 0.83× | 0.80× | ||
| 0.84× | 0.97× | 1.38× | 1.45× | 1.95× | ||
| 3.9% | 3.1% | 2.5% | 2.3% | 1.3% | ||
| 3.68× | 3.68× | 3.97× | 5.28× | 4.78× | ||
| 3.09× | 2.42× | 1.72× | 1.61× | 2.28× | ||
| 31.8% | 23.2% | 20.4% | 24.0% | 21.6% | ||
| 21.4% | 21.4% | 20.8% | 26.5% | 23.2% | ||
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) × | 0.80 | 0.83 | 0.86 | 0.86 | 0.85 | |
| Interest Burden (Pretax/EBIT) × | 1.95 | 1.45 | 1.38 | 0.97 | 0.84 | |
| EBIT Margin % | 1.27 | 2.34 | 2.52 | 3.14 | 3.92 | |
| Asset Turnover × | 4.78 | 5.28 | 3.97 | 3.68 | 3.68 | |
| Financial Leverage (Assets/Equity) × | 2.28 | 1.61 | 1.72 | 2.42 | 3.09 | |
| ROE (5-step product, year-end total equity) % | 21.60 | 23.99 | 20.43 | 23.19 | 31.83 | |
| ROE (owners' profit / average owners' equity) % | 23.21 | 26.45 | 20.84 | 21.38 | 21.38 | |