| 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. | |||||
|---|---|---|---|---|---|---|
| 0.69× | 0.70× | 0.74× | 0.75× | 0.78× | ||
| 0.90× | 0.95× | 1.12× | 1.01× | 1.02× | ||
| 12.8% | 14.8% | 17.2% | 16.3% | 14.5% | ||
| 1.05× | 1.05× | 1.27× | 1.29× | 1.17× | ||
| 1.91× | 2.04× | 1.73× | 1.93× | 2.04× | ||
| 16.0% | 21.2% | 31.5% | 30.5% | 27.5% | ||
| 19.8% | 19.8% | 33.2% | 31.3% | 25.7% | ||
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) × | 0.78 | 0.75 | 0.74 | 0.70 | 0.69 | |
| Interest Burden (Pretax/EBIT) × | 1.02 | 1.01 | 1.12 | 0.95 | 0.90 | |
| EBIT Margin % | 14.46 | 16.33 | 17.20 | 14.83 | 12.85 | |
| Asset Turnover × | 1.17 | 1.29 | 1.27 | 1.05 | 1.05 | |
| Financial Leverage (Assets/Equity) × | 2.04 | 1.93 | 1.73 | 2.04 | 1.91 | |
| ROE (5-step product, year-end total equity) % | 27.50 | 30.54 | 31.54 | 21.20 | 15.99 | |
| ROE (owners' profit / average owners' equity) % | 25.73 | 31.31 | 33.20 | 19.75 | 19.75 | |