| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.73× | 0.73× | 0.76× | 0.75× | ||
| 1.34× | 1.34× | 1.45× | 1.48× | 1.36× | ||
| 30.4% | 31.2% | 32.4% | 30.3% | 33.0% | ||
| 0.43× | 0.43× | 0.40× | 0.39× | 0.39× | ||
| 1.26× | 1.25× | 1.22× | 1.21× | 1.15× | ||
| 16.0% | 16.4% | 16.8% | 16.1% | 15.2% | ||
| 16.3% | 16.3% | 16.8% | 15.8% | 15.2% | ||
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) × | 0.75 | 0.76 | 0.73 | 0.73 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.36 | 1.48 | 1.45 | 1.34 | 1.34 | |
| EBIT Margin % | 33.00 | 30.33 | 32.40 | 31.15 | 30.36 | |
| Asset Turnover × | 0.39 | 0.39 | 0.40 | 0.43 | 0.43 | |
| Financial Leverage (Assets/Equity) × | 1.15 | 1.21 | 1.22 | 1.25 | 1.26 | |
| ROE (5-step product, year-end total equity) % | 15.24 | 16.12 | 16.83 | 16.42 | 15.96 | |
| ROE (owners' profit / average owners' equity) % | 15.24 | 15.80 | 16.75 | 16.25 | 16.25 | |