| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.75× | 0.76× | 0.75× | 0.69× | ||
| 1.03× | 1.01× | 0.99× | 1.01× | 1.14× | ||
| 50.9% | 44.7% | 40.3% | 35.2% | 40.3% | ||
| 1.06× | 1.06× | 1.00× | 0.83× | 0.83× | ||
| 1.58× | 1.87× | 2.59× | 2.23× | 2.74× | ||
| 65.5% | 67.2% | 78.6% | 49.7% | 71.9% | ||
| 76.9% | 76.9% | 72.6% | 55.2% | 44.5% | ||
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) × | 0.69 | 0.75 | 0.76 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.14 | 1.01 | 0.99 | 1.01 | 1.03 | |
| EBIT Margin % | 40.32 | 35.21 | 40.34 | 44.74 | 50.94 | |
| Asset Turnover × | 0.83 | 0.83 | 1.00 | 1.06 | 1.06 | |
| Financial Leverage (Assets/Equity) × | 2.74 | 2.23 | 2.59 | 1.87 | 1.58 | |
| ROE (5-step product, year-end total equity) % | 71.91 | 49.65 | 78.62 | 67.21 | 65.54 | |
| ROE (owners' profit / average owners' equity) % | 44.53 | 55.17 | 72.60 | 76.94 | 76.94 | |