| 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.76× | 0.77× | 0.77× | 0.75× | ||
| 1.08× | 1.08× | 1.02× | 0.99× | 0.98× | ||
| 18.2% | 15.8% | 16.3% | 17.3% | 17.8% | ||
| 1.04× | 1.04× | 1.08× | 1.06× | 1.18× | ||
| 1.14× | 1.20× | 1.19× | 1.35× | 1.51× | ||
| 17.3% | 16.3% | 16.4% | 19.0% | 23.5% | ||
| 16.2% | 16.2% | 17.4% | 20.0% | 23.6% | ||
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 | 0.77 | 0.77 | 0.76 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 0.98 | 0.99 | 1.02 | 1.08 | 1.08 | |
| EBIT Margin % | 17.79 | 17.29 | 16.25 | 15.81 | 18.16 | |
| Asset Turnover × | 1.18 | 1.06 | 1.08 | 1.04 | 1.04 | |
| Financial Leverage (Assets/Equity) × | 1.51 | 1.35 | 1.19 | 1.20 | 1.14 | |
| ROE (5-step product, year-end total equity) % | 23.45 | 18.96 | 16.42 | 16.25 | 17.34 | |
| ROE (owners' profit / average owners' equity) % | 23.62 | 19.97 | 17.42 | 16.20 | 16.20 | |