| 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. | |||||
|---|---|---|---|---|---|---|
| 0.76× | 0.76× | 0.75× | 0.77× | 0.76× | ||
| 0.80× | 0.78× | 0.69× | 0.67× | 0.69× | ||
| 3.0% | 2.6% | 2.4% | 1.9% | 2.4% | ||
| 5.35× | 5.35× | 5.37× | 5.20× | 5.60× | ||
| 4.48× | 3.46× | 3.94× | 4.08× | 3.26× | ||
| 44.2% | 28.4% | 26.6% | 20.8% | 22.5% | ||
| 30.1% | 30.1% | 27.0% | 18.9% | 23.6% | ||
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) × | 0.76 | 0.77 | 0.75 | 0.76 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.69 | 0.67 | 0.69 | 0.78 | 0.80 | |
| EBIT Margin % | 2.35 | 1.90 | 2.42 | 2.57 | 3.03 | |
| Asset Turnover × | 5.60 | 5.20 | 5.37 | 5.35 | 5.35 | |
| Financial Leverage (Assets/Equity) × | 3.26 | 4.08 | 3.94 | 3.46 | 4.48 | |
| ROE (5-step product, year-end total equity) % | 22.51 | 20.78 | 26.57 | 28.43 | 44.17 | |
| ROE (owners' profit / average owners' equity) % | 23.63 | 18.90 | 26.96 | 30.10 | 30.10 | |