| 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× | 0.79× | 0.80× | 0.81× | ||
| 1.12× | 1.13× | 1.15× | 0.98× | 0.93× | ||
| 26.6% | 26.7% | 27.0% | 25.2% | 23.9% | ||
| 0.51× | 0.51× | 0.51× | 0.47× | 0.43× | ||
| 1.39× | 1.36× | 1.43× | 1.47× | 1.58× | ||
| 16.1% | 16.1% | 17.8% | 13.5% | 12.3% | ||
| 17.2% | 17.2% | 18.5% | 14.4% | 13.3% | ||
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) × | 0.81 | 0.80 | 0.79 | 0.77 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.93 | 0.98 | 1.15 | 1.13 | 1.12 | |
| EBIT Margin % | 23.90 | 25.16 | 27.01 | 26.73 | 26.58 | |
| Asset Turnover × | 0.43 | 0.47 | 0.51 | 0.51 | 0.51 | |
| Financial Leverage (Assets/Equity) × | 1.58 | 1.47 | 1.43 | 1.36 | 1.39 | |
| ROE (5-step product, year-end total equity) % | 12.32 | 13.55 | 17.78 | 16.07 | 16.10 | |
| ROE (owners' profit / average owners' equity) % | 13.33 | 14.44 | 18.50 | 17.22 | 17.22 | |