| 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× | 0.73× | 0.68× | 0.70× | ||
| 0.92× | 0.94× | 0.95× | 0.94× | 1.03× | ||
| 10.3% | 8.9% | 8.7% | 6.9% | 8.9% | ||
| 0.83× | 0.83× | 0.86× | 0.92× | 1.18× | ||
| 1.81× | 1.75× | 1.72× | 1.73× | 1.60× | ||
| 10.7% | 9.2% | 8.9% | 7.0% | 12.1% | ||
| 9.2% | 9.2% | 8.9% | 6.8% | 12.1% | ||
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) × | 0.70 | 0.68 | 0.73 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.03 | 0.94 | 0.95 | 0.94 | 0.92 | |
| EBIT Margin % | 8.90 | 6.89 | 8.65 | 8.92 | 10.26 | |
| Asset Turnover × | 1.18 | 0.92 | 0.86 | 0.83 | 0.83 | |
| Financial Leverage (Assets/Equity) × | 1.60 | 1.73 | 1.72 | 1.75 | 1.81 | |
| ROE (5-step product, year-end total equity) % | 12.14 | 7.03 | 8.89 | 9.22 | 10.69 | |
| ROE (owners' profit / average owners' equity) % | 12.06 | 6.77 | 8.87 | 9.18 | 9.18 | |