| 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.74× | 0.76× | 0.74× | 0.74× | ||
| 0.88× | 0.87× | 0.92× | 0.96× | 0.64× | ||
| 32.8% | 33.9% | 47.3% | 29.7% | 15.3% | ||
| 0.48× | 0.48× | 0.51× | 0.56× | 0.60× | ||
| 1.84× | 1.80× | 1.94× | 2.07× | 2.21× | ||
| 18.9% | 19.0% | 32.7% | 24.4% | 9.5% | ||
| 19.8% | 19.8% | 33.4% | 25.1% | 9.4% | ||
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) × | 0.74 | 0.74 | 0.76 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 0.64 | 0.96 | 0.92 | 0.87 | 0.88 | |
| EBIT Margin % | 15.31 | 29.71 | 47.30 | 33.90 | 32.85 | |
| Asset Turnover × | 0.60 | 0.56 | 0.51 | 0.48 | 0.48 | |
| Financial Leverage (Assets/Equity) × | 2.21 | 2.07 | 1.94 | 1.80 | 1.84 | |
| ROE (5-step product, year-end total equity) % | 9.51 | 24.42 | 32.69 | 18.99 | 18.95 | |
| ROE (owners' profit / average owners' equity) % | 9.43 | 25.07 | 33.36 | 19.81 | 19.81 | |