| 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. | |||||
|---|---|---|---|---|---|---|
| 0.78× | 0.77× | 0.75× | 0.78× | 0.75× | ||
| 1.30× | 1.22× | 1.12× | 1.11× | 1.18× | ||
| 8.2% | 13.0% | 21.0% | 23.1% | 20.7% | ||
| 0.63× | 0.63× | 0.74× | 0.79× | 0.80× | ||
| 1.47× | 1.52× | 1.46× | 1.38× | 1.39× | ||
| 7.7% | 11.8% | 18.9% | 21.6% | 20.3% | ||
| 11.8% | 11.8% | 18.3% | 21.6% | 21.2% | ||
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) × | 0.75 | 0.78 | 0.75 | 0.77 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 1.18 | 1.11 | 1.12 | 1.22 | 1.30 | |
| EBIT Margin % | 20.67 | 23.07 | 20.96 | 13.04 | 8.22 | |
| Asset Turnover × | 0.80 | 0.79 | 0.74 | 0.63 | 0.63 | |
| Financial Leverage (Assets/Equity) × | 1.39 | 1.38 | 1.46 | 1.52 | 1.47 | |
| ROE (5-step product, year-end total equity) % | 20.27 | 21.64 | 18.91 | 11.82 | 7.74 | |
| ROE (owners' profit / average owners' equity) % | 21.21 | 21.64 | 18.30 | 11.75 | 11.75 | |