| 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. | |||||
|---|---|---|---|---|---|---|
| 0.81× | 0.80× | 0.79× | 0.78× | 0.74× | ||
| 1.48× | 1.39× | 1.27× | 0.90× | 0.86× | ||
| 2.5% | 3.0% | 3.2% | 3.0% | 3.3% | ||
| 2.72× | 2.72× | 3.27× | 3.03× | 2.72× | ||
| 4.34× | 3.56× | 4.83× | 4.06× | 3.64× | ||
| 35.2% | 32.6% | 50.1% | 26.1% | 20.7% | ||
| 37.4% | 37.4% | 46.6% | 24.7% | 22.4% | ||
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 | 0.78 | 0.79 | 0.80 | 0.81 | |
| Interest Burden (Pretax/EBIT) × | 0.86 | 0.90 | 1.27 | 1.39 | 1.48 | |
| EBIT Margin % | 3.27 | 3.03 | 3.16 | 3.02 | 2.50 | |
| Asset Turnover × | 2.72 | 3.03 | 3.27 | 2.72 | 2.72 | |
| Financial Leverage (Assets/Equity) × | 3.64 | 4.06 | 4.83 | 3.56 | 4.34 | |
| ROE (5-step product, year-end total equity) % | 20.73 | 26.06 | 50.13 | 32.55 | 35.22 | |
| ROE (owners' profit / average owners' equity) % | 22.40 | 24.68 | 46.57 | 37.43 | 37.43 | |