| 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. | |||||
|---|---|---|---|---|---|---|
| 0.88× | 0.88× | 0.90× | 0.95× | 0.81× | ||
| 1.11× | 1.03× | 1.02× | 1.00× | 1.77× | ||
| 21.2% | 22.3% | 25.1% | 25.7% | 18.2% | ||
| 0.75× | 0.75× | 0.73× | 0.81× | 0.80× | ||
| 1.23× | 1.37× | 1.54× | 1.64× | 1.14× | ||
| 19.0% | 20.8% | 25.9% | 32.5% | 23.8% | ||
| 21.8% | 21.8% | 26.8% | 28.3% | 19.4% | ||
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) × | 0.81 | 0.95 | 0.90 | 0.88 | 0.88 | |
| Interest Burden (Pretax/EBIT) × | 1.77 | 1.00 | 1.02 | 1.03 | 1.11 | |
| EBIT Margin % | 18.17 | 25.73 | 25.15 | 22.35 | 21.17 | |
| Asset Turnover × | 0.80 | 0.81 | 0.73 | 0.75 | 0.75 | |
| Financial Leverage (Assets/Equity) × | 1.14 | 1.64 | 1.54 | 1.37 | 1.23 | |
| ROE (5-step product, year-end total equity) % | 23.80 | 32.52 | 25.93 | 20.76 | 19.01 | |
| ROE (owners' profit / average owners' equity) % | 19.43 | 28.32 | 26.82 | 21.75 | 21.75 | |