| 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. | |||||
|---|---|---|---|---|---|---|
| 0.63× | 0.58× | 0.61× | 0.60× | 0.70× | ||
| 0.79× | 0.75× | 0.85× | 0.88× | 0.99× | ||
| 8.4% | 7.5% | 7.1% | 6.1% | 7.2% | ||
| 1.40× | 1.40× | 1.38× | 1.30× | 1.30× | ||
| 2.25× | 2.19× | 2.41× | 2.34× | 2.61× | ||
| 13.3% | 10.1% | 12.3% | 9.8% | 16.8% | ||
| 10.5% | 10.5% | 12.1% | 10.3% | 15.5% | ||
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) × | 0.70 | 0.60 | 0.61 | 0.58 | 0.63 | |
| Interest Burden (Pretax/EBIT) × | 0.99 | 0.88 | 0.85 | 0.75 | 0.79 | |
| EBIT Margin % | 7.19 | 6.07 | 7.14 | 7.52 | 8.42 | |
| Asset Turnover × | 1.30 | 1.30 | 1.38 | 1.40 | 1.40 | |
| Financial Leverage (Assets/Equity) × | 2.61 | 2.34 | 2.41 | 2.19 | 2.25 | |
| ROE (5-step product, year-end total equity) % | 16.82 | 9.78 | 12.28 | 10.05 | 13.29 | |
| ROE (owners' profit / average owners' equity) % | 15.47 | 10.34 | 12.08 | 10.51 | 10.51 | |