| 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× | 0.75× | 0.75× | ||
| 0.98× | 0.94× | 0.91× | 0.93× | 0.93× | ||
| 9.9% | 10.5% | 9.3% | 10.1% | 8.3% | ||
| 1.12× | 1.12× | 1.17× | 1.33× | 1.70× | ||
| 2.09× | 2.05× | 2.16× | 2.14× | 2.27× | ||
| 16.9% | 17.0% | 16.1% | 19.9% | 22.5% | ||
| 17.5% | 17.5% | 16.1% | 20.6% | 24.7% | ||
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) × | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.93 | 0.93 | 0.91 | 0.94 | 0.98 | |
| EBIT Margin % | 8.33 | 10.06 | 9.33 | 10.52 | 9.86 | |
| Asset Turnover × | 1.70 | 1.33 | 1.17 | 1.12 | 1.12 | |
| Financial Leverage (Assets/Equity) × | 2.27 | 2.14 | 2.16 | 2.05 | 2.09 | |
| ROE (5-step product, year-end total equity) % | 22.51 | 19.92 | 16.10 | 17.00 | 16.92 | |
| ROE (owners' profit / average owners' equity) % | 24.71 | 20.64 | 16.14 | 17.51 | 17.51 | |