| 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. | |||||
|---|---|---|---|---|---|---|
| 0.76× | 0.77× | 0.75× | 0.78× | 0.76× | ||
| 1.14× | 1.15× | 1.20× | 1.30× | 1.20× | ||
| 77.9% | 78.2% | 78.1% | 73.7% | 72.2% | ||
| 0.44× | 0.44× | 0.43× | 0.37× | 0.35× | ||
| 1.09× | 1.08× | 1.08× | 1.07× | 1.07× | ||
| 32.5% | 33.0% | 32.5% | 29.7% | 24.6% | ||
| 32.9% | 32.9% | 32.4% | 29.5% | 24.5% | ||
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) × | 0.76 | 0.78 | 0.75 | 0.77 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 1.20 | 1.30 | 1.20 | 1.15 | 1.14 | |
| EBIT Margin % | 72.18 | 73.72 | 78.13 | 78.17 | 77.85 | |
| Asset Turnover × | 0.35 | 0.37 | 0.43 | 0.44 | 0.44 | |
| Financial Leverage (Assets/Equity) × | 1.07 | 1.07 | 1.08 | 1.08 | 1.09 | |
| ROE (5-step product, year-end total equity) % | 24.60 | 29.70 | 32.55 | 33.03 | 32.52 | |
| ROE (owners' profit / average owners' equity) % | 24.46 | 29.47 | 32.36 | 32.93 | 32.93 | |