| 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. | |||||
|---|---|---|---|---|---|---|
| 0.91× | 0.82× | 0.92× | 0.93× | 0.78× | ||
| 1.29× | 1.29× | 1.33× | 1.82× | 1.58× | ||
| 20.2% | 16.7% | 15.3% | 8.0% | 8.5% | ||
| 0.71× | 0.71× | 0.62× | 0.72× | 0.78× | ||
| 1.99× | 1.87× | 1.97× | 2.10× | 2.24× | ||
| 33.5% | 23.3% | 23.0% | 20.5% | 18.1% | ||
| 23.8% | 23.8% | 23.6% | 21.1% | 18.6% | ||
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) × | 0.78 | 0.93 | 0.92 | 0.82 | 0.91 | |
| Interest Burden (Pretax/EBIT) × | 1.58 | 1.82 | 1.33 | 1.29 | 1.29 | |
| EBIT Margin % | 8.49 | 7.99 | 15.31 | 16.65 | 20.16 | |
| Asset Turnover × | 0.78 | 0.72 | 0.62 | 0.71 | 0.71 | |
| Financial Leverage (Assets/Equity) × | 2.24 | 2.10 | 1.97 | 1.87 | 1.99 | |
| ROE (5-step product, year-end total equity) % | 18.14 | 20.54 | 22.97 | 23.32 | 33.52 | |
| ROE (owners' profit / average owners' equity) % | 18.56 | 21.12 | 23.55 | 23.79 | 23.79 | |