| 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. | |||||
|---|---|---|---|---|---|---|
| 0.77× | 0.79× | 0.74× | 0.80× | 0.74× | ||
| 1.51× | 2.30× | 1.34× | 1.19× | 0.97× | ||
| 24.3% | 18.5% | 28.5% | 25.0% | 21.3% | ||
| 0.25× | 0.25× | 0.51× | 0.64× | 1.08× | ||
| 1.21× | 1.20× | 1.18× | 1.42× | 1.56× | ||
| 8.5% | 10.0% | 17.0% | 21.8% | 25.7% | ||
| 10.5% | 10.5% | 19.4% | 23.8% | 29.7% | ||
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) × | 0.74 | 0.80 | 0.74 | 0.79 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 0.97 | 1.19 | 1.34 | 2.30 | 1.51 | |
| EBIT Margin % | 21.30 | 25.04 | 28.51 | 18.47 | 24.29 | |
| Asset Turnover × | 1.08 | 0.64 | 0.51 | 0.25 | 0.25 | |
| Financial Leverage (Assets/Equity) × | 1.56 | 1.42 | 1.18 | 1.20 | 1.21 | |
| ROE (5-step product, year-end total equity) % | 25.67 | 21.83 | 17.00 | 10.05 | 8.51 | |
| ROE (owners' profit / average owners' equity) % | 29.65 | 23.76 | 19.39 | 10.47 | 10.47 | |