| 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. | |||||
|---|---|---|---|---|---|---|
| 1.00× | 1.02× | 1.36× | 1.10× | 0.96× | ||
| 0.70× | 0.66× | 0.62× | 0.73× | 0.84× | ||
| 6.0% | 6.1% | 4.9% | 5.2% | 5.5% | ||
| 1.33× | 1.33× | 1.25× | 1.18× | 1.40× | ||
| 4.03× | 3.74× | 3.69× | 3.87× | 3.20× | ||
| 22.6% | 20.5% | 19.0% | 19.2% | 19.9% | ||
| 20.4% | 20.4% | 19.4% | 17.7% | 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) × | 0.96 | 1.10 | 1.36 | 1.02 | 1.00 | |
| Interest Burden (Pretax/EBIT) × | 0.84 | 0.73 | 0.62 | 0.66 | 0.70 | |
| EBIT Margin % | 5.50 | 5.22 | 4.88 | 6.06 | 6.03 | |
| Asset Turnover × | 1.40 | 1.18 | 1.25 | 1.33 | 1.33 | |
| Financial Leverage (Assets/Equity) × | 3.20 | 3.87 | 3.69 | 3.74 | 4.03 | |
| ROE (5-step product, year-end total equity) % | 19.89 | 19.24 | 19.00 | 20.53 | 22.64 | |
| ROE (owners' profit / average owners' equity) % | 20.49 | 17.69 | 19.35 | 20.39 | 20.39 | |