| 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× | 0.75× | 0.75× | 0.70× | 0.74× | ||
| 1.21× | 1.23× | 1.19× | 1.14× | 1.15× | ||
| 11.9% | 12.2% | 15.0% | 16.0% | 14.1% | ||
| 0.72× | 0.72× | 0.69× | 0.80× | 0.81× | ||
| 1.38× | 1.43× | 1.39× | 1.39× | 1.40× | ||
| 10.7% | 11.6% | 12.9% | 14.3% | 13.6% | ||
| 11.6% | 11.6% | 12.8% | 14.3% | 13.8% | ||
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 | 0.70 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.15 | 1.14 | 1.19 | 1.23 | 1.21 | |
| EBIT Margin % | 14.06 | 16.04 | 14.97 | 12.23 | 11.87 | |
| Asset Turnover × | 0.81 | 0.80 | 0.69 | 0.72 | 0.72 | |
| Financial Leverage (Assets/Equity) × | 1.40 | 1.39 | 1.39 | 1.43 | 1.38 | |
| ROE (5-step product, year-end total equity) % | 13.61 | 14.31 | 12.86 | 11.64 | 10.74 | |
| ROE (owners' profit / average owners' equity) % | 13.82 | 14.25 | 12.77 | 11.60 | 11.60 | |