| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.73× | 0.77× | 0.80× | 0.79× | ||
| 0.91× | 0.94× | 1.00× | 0.96× | 0.93× | ||
| 8.2% | 8.3% | 9.1% | 10.1% | 8.3% | ||
| 1.33× | 1.33× | 1.29× | 1.37× | 1.43× | ||
| 1.89× | 2.01× | 1.93× | 1.76× | 1.90× | ||
| 13.6% | 15.2% | 17.5% | 18.6% | 16.6% | ||
| 14.9% | 14.9% | 16.8% | 19.4% | 17.8% | ||
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) × | 0.79 | 0.80 | 0.77 | 0.73 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 0.93 | 0.96 | 1.00 | 0.94 | 0.91 | |
| EBIT Margin % | 8.27 | 10.10 | 9.13 | 8.35 | 8.21 | |
| Asset Turnover × | 1.43 | 1.37 | 1.29 | 1.33 | 1.33 | |
| Financial Leverage (Assets/Equity) × | 1.90 | 1.76 | 1.93 | 2.01 | 1.89 | |
| ROE (5-step product, year-end total equity) % | 16.58 | 18.58 | 17.51 | 15.24 | 13.63 | |
| ROE (owners' profit / average owners' equity) % | 17.78 | 19.36 | 16.76 | 14.94 | 14.94 | |