| 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. | |||||
|---|---|---|---|---|---|---|
| 0.82× | 0.83× | 0.74× | 0.74× | 0.76× | ||
| 0.88× | 0.85× | 0.92× | 0.91× | 0.99× | ||
| 10.4% | 9.8% | 9.2% | 8.9% | 8.0% | ||
| 1.36× | 1.36× | 1.25× | 1.18× | 1.11× | ||
| 2.51× | 2.67× | 2.50× | 2.56× | 2.57× | ||
| 25.6% | 25.2% | 19.7% | 17.9% | 17.2% | ||
| 26.0% | 26.0% | 20.6% | 17.9% | 15.4% | ||
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) × | 0.76 | 0.74 | 0.74 | 0.83 | 0.82 | |
| Interest Burden (Pretax/EBIT) × | 0.99 | 0.91 | 0.92 | 0.85 | 0.88 | |
| EBIT Margin % | 8.01 | 8.86 | 9.24 | 9.84 | 10.37 | |
| Asset Turnover × | 1.11 | 1.18 | 1.25 | 1.36 | 1.36 | |
| Financial Leverage (Assets/Equity) × | 2.57 | 2.56 | 2.50 | 2.67 | 2.51 | |
| ROE (5-step product, year-end total equity) % | 17.24 | 17.91 | 19.73 | 25.18 | 25.59 | |
| ROE (owners' profit / average owners' equity) % | 15.41 | 17.94 | 20.62 | 26.00 | 26.00 | |