| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.74× | 0.75× | 0.73× | 0.73× | ||
| 0.75× | 0.74× | 0.83× | 0.74× | 0.70× | ||
| 8.1% | 8.1% | 6.8% | 7.0% | 5.6% | ||
| 1.47× | 1.47× | 1.73× | 2.01× | 2.09× | ||
| 2.00× | 1.99× | 1.88× | 1.77× | 2.37× | ||
| 13.4% | 13.0% | 13.7% | 13.3% | 14.2% | ||
| 12.9% | 12.9% | 13.4% | 14.9% | 14.2% | ||
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) × | 0.73 | 0.73 | 0.75 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.70 | 0.74 | 0.83 | 0.74 | 0.75 | |
| EBIT Margin % | 5.59 | 7.01 | 6.76 | 8.08 | 8.08 | |
| Asset Turnover × | 2.09 | 2.01 | 1.73 | 1.47 | 1.47 | |
| Financial Leverage (Assets/Equity) × | 2.37 | 1.77 | 1.88 | 1.99 | 2.00 | |
| ROE (5-step product, year-end total equity) % | 14.17 | 13.32 | 13.67 | 13.04 | 13.42 | |
| ROE (owners' profit / average owners' equity) % | 14.16 | 14.90 | 13.39 | 12.90 | 12.90 | |