| 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× | 0.70× | 0.70× | 0.82× | 0.74× | ||
| 0.58× | 0.64× | 0.61× | 0.57× | 0.63× | ||
| 9.0% | 8.7% | 9.2% | 8.2% | 6.9% | ||
| 0.92× | 0.92× | 1.02× | 1.19× | 1.14× | ||
| 4.25× | 4.63× | 4.22× | 4.08× | 3.43× | ||
| 14.8% | 16.7% | 16.9% | 18.8% | 12.7% | ||
| 15.2% | 15.2% | 16.0% | 16.3% | 12.9% | ||
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 | 0.82 | 0.70 | 0.70 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 0.63 | 0.57 | 0.61 | 0.64 | 0.58 | |
| EBIT Margin % | 6.95 | 8.23 | 9.17 | 8.72 | 8.97 | |
| Asset Turnover × | 1.14 | 1.19 | 1.02 | 0.92 | 0.92 | |
| Financial Leverage (Assets/Equity) × | 3.43 | 4.08 | 4.22 | 4.63 | 4.25 | |
| ROE (5-step product, year-end total equity) % | 12.69 | 18.78 | 16.88 | 16.66 | 14.85 | |
| ROE (owners' profit / average owners' equity) % | 12.92 | 16.28 | 16.04 | 15.15 | 15.15 | |