| 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× | 0.79× | 0.80× | 0.82× | 0.84× | ||
| 0.72× | 0.76× | 0.84× | 0.90× | 1.09× | ||
| 12.2% | 11.7% | 11.0% | 11.0% | 9.4% | ||
| 1.11× | 1.11× | 1.14× | 1.08× | 1.06× | ||
| 2.00× | 2.13× | 1.93× | 1.64× | 1.68× | ||
| 15.2% | 16.6% | 16.4% | 14.4% | 15.2% | ||
| 15.9% | 15.9% | 15.3% | 14.6% | 16.1% | ||
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) × | 0.84 | 0.82 | 0.80 | 0.79 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 1.09 | 0.90 | 0.84 | 0.76 | 0.72 | |
| EBIT Margin % | 9.35 | 10.99 | 11.03 | 11.74 | 12.24 | |
| Asset Turnover × | 1.06 | 1.08 | 1.14 | 1.11 | 1.11 | |
| Financial Leverage (Assets/Equity) × | 1.68 | 1.64 | 1.93 | 2.13 | 2.00 | |
| ROE (5-step product, year-end total equity) % | 15.21 | 14.42 | 16.42 | 16.65 | 15.18 | |
| ROE (owners' profit / average owners' equity) % | 16.06 | 14.57 | 15.25 | 15.90 | 15.90 | |