| 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. | |||||
|---|---|---|---|---|---|---|
| 0.67× | 0.68× | 0.73× | 0.68× | 0.69× | ||
| 1.36× | 1.40× | 1.54× | 1.68× | 1.73× | ||
| 33.1% | 32.0% | 35.3% | 24.6% | 24.0% | ||
| 0.36× | 0.36× | 0.37× | 0.35× | 0.31× | ||
| 1.99× | 1.93× | 1.89× | 1.99× | 1.67× | ||
| 21.8% | 21.0% | 27.8% | 19.4% | 14.9% | ||
| 20.7% | 20.7% | 28.1% | 17.6% | 14.4% | ||
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 | 0.68 | 0.73 | 0.68 | 0.67 | |
| Interest Burden (Pretax/EBIT) × | 1.73 | 1.68 | 1.54 | 1.40 | 1.36 | |
| EBIT Margin % | 24.03 | 24.64 | 35.29 | 31.97 | 33.08 | |
| Asset Turnover × | 0.31 | 0.35 | 0.37 | 0.36 | 0.36 | |
| Financial Leverage (Assets/Equity) × | 1.67 | 1.99 | 1.89 | 1.93 | 1.99 | |
| ROE (5-step product, year-end total equity) % | 14.94 | 19.40 | 27.76 | 20.98 | 21.79 | |
| ROE (owners' profit / average owners' equity) % | 14.43 | 17.60 | 28.09 | 20.70 | 20.70 | |