| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.73× | 0.73× | 0.74× | 0.74× | ||
| 0.97× | 1.00× | 1.06× | 1.15× | 1.02× | ||
| 15.4% | 9.6% | 10.8% | 12.5% | 14.1% | ||
| 0.96× | 0.96× | 1.20× | 1.37× | 1.67× | ||
| 1.50× | 1.48× | 1.42× | 1.26× | 1.25× | ||
| 15.7% | 9.9% | 14.4% | 18.3% | 22.4% | ||
| 9.8% | 9.8% | 13.7% | 18.2% | 22.9% | ||
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) × | 0.74 | 0.74 | 0.73 | 0.73 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.02 | 1.15 | 1.06 | 1.00 | 0.97 | |
| EBIT Margin % | 14.09 | 12.47 | 10.82 | 9.59 | 15.37 | |
| Asset Turnover × | 1.67 | 1.37 | 1.20 | 0.96 | 0.96 | |
| Financial Leverage (Assets/Equity) × | 1.25 | 1.26 | 1.42 | 1.48 | 1.50 | |
| ROE (5-step product, year-end total equity) % | 22.38 | 18.28 | 14.38 | 9.91 | 15.74 | |
| ROE (owners' profit / average owners' equity) % | 22.94 | 18.21 | 13.69 | 9.81 | 9.81 | |