| 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.74× | 0.75× | 0.75× | 0.74× | ||
| 1.04× | 1.04× | 1.15× | 1.11× | 1.03× | ||
| 10.8% | 11.0% | 11.5% | 11.2% | 10.1% | ||
| 1.41× | 1.41× | 1.41× | 1.47× | 1.55× | ||
| 2.20× | 1.90× | 1.80× | 1.76× | 1.76× | ||
| 25.8% | 22.8% | 25.0% | 24.2% | 21.1% | ||
| 23.2% | 23.2% | 26.1% | 24.9% | 19.7% | ||
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) × | 0.74 | 0.75 | 0.75 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 1.03 | 1.11 | 1.15 | 1.04 | 1.04 | |
| EBIT Margin % | 10.11 | 11.22 | 11.47 | 10.96 | 10.83 | |
| Asset Turnover × | 1.55 | 1.47 | 1.41 | 1.41 | 1.41 | |
| Financial Leverage (Assets/Equity) × | 1.76 | 1.76 | 1.80 | 1.90 | 2.20 | |
| ROE (5-step product, year-end total equity) % | 21.11 | 24.18 | 24.99 | 22.82 | 25.83 | |
| ROE (owners' profit / average owners' equity) % | 19.71 | 24.91 | 26.11 | 23.19 | 23.19 | |