| 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× | 0.74× | 0.75× | 0.75× | 0.85× | ||
| 1.04× | 1.02× | 1.09× | 1.06× | 1.06× | ||
| 12.9% | 13.8% | 13.1% | 14.3% | 13.7% | ||
| 0.92× | 0.92× | 1.00× | 1.12× | 1.08× | ||
| 1.39× | 1.41× | 1.37× | 1.41× | — | ||
| 12.8% | 13.7% | 14.5% | 18.0% | — | ||
| 13.5% | 13.5% | 14.7% | 17.6% | 18.5% | ||
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) × | 0.85 | 0.75 | 0.75 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.06 | 1.06 | 1.09 | 1.02 | 1.04 | |
| EBIT Margin % | 13.71 | 14.28 | 13.05 | 13.85 | 12.91 | |
| Asset Turnover × | 1.08 | 1.12 | 1.00 | 0.92 | 0.92 | |
| Financial Leverage (Assets/Equity) × | — | 1.41 | 1.37 | 1.41 | 1.39 | |
| ROE (5-step product, year-end total equity) % | — | 17.97 | 14.51 | 13.65 | 12.84 | |
| ROE (owners' profit / average owners' equity) % | 18.51 | 17.56 | 14.67 | 13.52 | 13.52 | |