| 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× | 0.75× | 0.74× | ||
| 1.20× | 1.15× | 1.13× | 1.11× | 1.08× | ||
| 15.5% | 16.5% | 18.9% | 21.2% | 9.9% | ||
| 0.75× | 0.75× | 0.77× | 0.86× | 0.83× | ||
| 1.30× | 1.32× | 1.37× | 1.35× | 1.32× | ||
| 13.5% | 13.9% | 16.8% | 20.5% | 8.7% | ||
| 14.1% | 14.1% | 16.2% | 19.9% | 8.7% | ||
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 | 0.75 | 0.74 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 1.08 | 1.11 | 1.13 | 1.15 | 1.20 | |
| EBIT Margin % | 9.87 | 21.20 | 18.86 | 16.49 | 15.50 | |
| Asset Turnover × | 0.83 | 0.86 | 0.77 | 0.75 | 0.75 | |
| Financial Leverage (Assets/Equity) × | 1.32 | 1.35 | 1.37 | 1.32 | 1.30 | |
| ROE (5-step product, year-end total equity) % | 8.73 | 20.53 | 16.77 | 13.91 | 13.50 | |
| ROE (owners' profit / average owners' equity) % | 8.72 | 19.91 | 16.18 | 14.13 | 14.13 | |