| 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. | |||||
|---|---|---|---|---|---|---|
| 0.78× | 0.78× | 0.82× | 0.81× | 0.73× | ||
| 1.05× | 1.02× | 0.97× | 0.92× | 1.10× | ||
| 13.5% | 13.9% | 13.6% | 13.7% | 15.2% | ||
| 0.91× | 0.91× | 0.92× | 0.90× | 0.91× | ||
| 1.35× | 1.44× | 1.57× | 1.75× | 1.77× | ||
| 13.6% | 14.3% | 15.7% | 16.0% | 19.5% | ||
| 14.8% | 14.8% | 16.5% | 15.9% | 21.3% | ||
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) × | 0.73 | 0.81 | 0.82 | 0.78 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 1.10 | 0.92 | 0.97 | 1.02 | 1.05 | |
| EBIT Margin % | 15.15 | 13.71 | 13.64 | 13.87 | 13.51 | |
| Asset Turnover × | 0.91 | 0.90 | 0.92 | 0.91 | 0.91 | |
| Financial Leverage (Assets/Equity) × | 1.77 | 1.75 | 1.57 | 1.44 | 1.35 | |
| ROE (5-step product, year-end total equity) % | 19.50 | 16.04 | 15.70 | 14.31 | 13.56 | |
| ROE (owners' profit / average owners' equity) % | 21.27 | 15.87 | 16.48 | 14.81 | 14.81 | |