| 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. | |||||
|---|---|---|---|---|---|---|
| 0.98× | 0.97× | 0.95× | 0.93× | 0.95× | ||
| 1.09× | 1.10× | 1.18× | 1.24× | 1.24× | ||
| 18.4% | 19.8% | 20.8% | 22.4% | 21.6% | ||
| 0.52× | 0.52× | 0.51× | 0.56× | 0.54× | ||
| 1.31× | 1.57× | 1.76× | 1.66× | 1.50× | ||
| 13.4% | 17.3% | 21.1% | 24.3% | 20.6% | ||
| 18.2% | 18.2% | 20.6% | 23.0% | 20.5% | ||
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) × | 0.95 | 0.93 | 0.95 | 0.97 | 0.98 | |
| Interest Burden (Pretax/EBIT) × | 1.24 | 1.24 | 1.18 | 1.10 | 1.09 | |
| EBIT Margin % | 21.60 | 22.45 | 20.84 | 19.85 | 18.44 | |
| Asset Turnover × | 0.54 | 0.56 | 0.51 | 0.52 | 0.52 | |
| Financial Leverage (Assets/Equity) × | 1.50 | 1.66 | 1.76 | 1.57 | 1.31 | |
| ROE (5-step product, year-end total equity) % | 20.63 | 24.27 | 21.09 | 17.34 | 13.36 | |
| ROE (owners' profit / average owners' equity) % | 20.54 | 23.00 | 20.60 | 18.17 | 18.17 | |