| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.74× | 0.71× | 0.73× | 0.72× | ||
| 1.06× | 1.07× | 1.09× | 1.13× | 1.08× | ||
| 21.0% | 20.9% | 21.1% | 20.7% | 21.1% | ||
| 1.17× | 1.17× | 1.14× | 1.17× | 1.20× | ||
| 1.64× | 1.67× | 1.55× | 1.56× | 1.66× | ||
| 31.2% | 32.3% | 29.0% | 31.1% | 32.7% | ||
| 31.2% | 31.2% | 29.1% | 32.1% | 32.0% | ||
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) × | 0.72 | 0.73 | 0.71 | 0.74 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.08 | 1.13 | 1.09 | 1.07 | 1.06 | |
| EBIT Margin % | 21.06 | 20.66 | 21.12 | 20.92 | 20.98 | |
| Asset Turnover × | 1.20 | 1.17 | 1.14 | 1.17 | 1.17 | |
| Financial Leverage (Assets/Equity) × | 1.66 | 1.56 | 1.55 | 1.67 | 1.64 | |
| ROE (5-step product, year-end total equity) % | 32.72 | 31.13 | 28.96 | 32.27 | 31.25 | |
| ROE (owners' profit / average owners' equity) % | 31.97 | 32.08 | 29.05 | 31.21 | 31.21 | |