| 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. | |||||
|---|---|---|---|---|---|---|
| 0.83× | 0.84× | 0.86× | 0.88× | 0.90× | ||
| 1.12× | 1.13× | 1.23× | 1.12× | 1.31× | ||
| 8.4% | 9.3% | 7.6% | 7.8% | 6.2% | ||
| 1.44× | 1.44× | 1.88× | 2.25× | 2.54× | ||
| 1.45× | 1.39× | 1.21× | 1.88× | 2.00× | ||
| 16.3% | 17.8% | 18.4% | 32.5% | 37.1% | ||
| 16.8% | 16.8% | 21.5% | 33.5% | 41.2% | ||
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) × | 0.90 | 0.88 | 0.86 | 0.84 | 0.83 | |
| Interest Burden (Pretax/EBIT) × | 1.31 | 1.12 | 1.23 | 1.13 | 1.12 | |
| EBIT Margin % | 6.20 | 7.77 | 7.62 | 9.29 | 8.38 | |
| Asset Turnover × | 2.54 | 2.25 | 1.88 | 1.44 | 1.44 | |
| Financial Leverage (Assets/Equity) × | 2.00 | 1.88 | 1.21 | 1.39 | 1.45 | |
| ROE (5-step product, year-end total equity) % | 37.08 | 32.49 | 18.41 | 17.75 | 16.28 | |
| ROE (owners' profit / average owners' equity) % | 41.22 | 33.54 | 21.49 | 16.76 | 16.76 | |