| 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. | |||||
|---|---|---|---|---|---|---|
| 0.77× | 0.75× | 0.75× | 0.75× | 0.76× | ||
| 0.98× | 0.99× | 1.09× | 1.05× | 1.05× | ||
| 17.5% | 17.2% | 18.3% | 18.2% | 18.2% | ||
| 1.17× | 1.17× | 1.14× | 1.14× | 1.11× | ||
| 1.58× | 1.55× | 1.51× | 1.46× | 1.43× | ||
| 24.6% | 23.1% | 25.7% | 23.8% | 23.2% | ||
| 23.0% | 23.0% | 25.2% | 23.5% | 23.3% | ||
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 | 0.75 | 0.75 | 0.75 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 1.05 | 1.05 | 1.09 | 0.99 | 0.98 | |
| EBIT Margin % | 18.22 | 18.22 | 18.30 | 17.21 | 17.53 | |
| Asset Turnover × | 1.11 | 1.14 | 1.14 | 1.17 | 1.17 | |
| Financial Leverage (Assets/Equity) × | 1.43 | 1.46 | 1.51 | 1.55 | 1.58 | |
| ROE (5-step product, year-end total equity) % | 23.20 | 23.81 | 25.67 | 23.14 | 24.57 | |
| ROE (owners' profit / average owners' equity) % | 23.33 | 23.51 | 25.22 | 22.98 | 22.98 | |