| 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× | 0.77× | 0.75× | 0.73× | ||
| 0.95× | 0.97× | 0.98× | 0.90× | 0.86× | ||
| 33.5% | 32.4% | 39.2% | 35.2% | 29.4% | ||
| 0.28× | 0.28× | 0.30× | 0.33× | 0.24× | ||
| 3.50× | 3.11× | 3.17× | 4.40× | 3.88× | ||
| 23.3% | 20.3% | 28.2% | 34.5% | 17.2% | ||
| 20.2% | 20.2% | 33.2% | 32.7% | 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) × | 0.73 | 0.75 | 0.77 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.86 | 0.90 | 0.98 | 0.97 | 0.95 | |
| EBIT Margin % | 29.45 | 35.19 | 39.18 | 32.35 | 33.48 | |
| Asset Turnover × | 0.24 | 0.33 | 0.30 | 0.28 | 0.28 | |
| Financial Leverage (Assets/Equity) × | 3.88 | 4.40 | 3.17 | 3.11 | 3.50 | |
| ROE (5-step product, year-end total equity) % | 17.21 | 34.51 | 28.19 | 20.30 | 23.33 | |
| ROE (owners' profit / average owners' equity) % | 19.73 | 32.72 | 33.19 | 20.15 | 20.15 | |