| 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× | 0.80× | 0.79× | 0.80× | 0.80× | ||
| 1.52× | 1.49× | 1.57× | 1.83× | 1.94× | ||
| 15.3% | 16.7% | 17.0% | 14.0% | 9.2% | ||
| 0.46× | 0.46× | 0.39× | 0.32× | 0.26× | ||
| 2.35× | 2.75× | 3.62× | 4.72× | 6.19× | ||
| 20.7% | 25.1% | 29.8% | 30.9% | 23.0% | ||
| 29.2% | 29.2% | 34.0% | 35.2% | 26.0% | ||
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) × | 0.80 | 0.80 | 0.79 | 0.80 | 0.82 | |
| Interest Burden (Pretax/EBIT) × | 1.94 | 1.83 | 1.57 | 1.49 | 1.52 | |
| EBIT Margin % | 9.23 | 14.03 | 17.01 | 16.68 | 15.35 | |
| Asset Turnover × | 0.26 | 0.32 | 0.39 | 0.46 | 0.46 | |
| Financial Leverage (Assets/Equity) × | 6.19 | 4.72 | 3.62 | 2.75 | 2.35 | |
| ROE (5-step product, year-end total equity) % | 23.01 | 30.88 | 29.77 | 25.08 | 20.66 | |
| ROE (owners' profit / average owners' equity) % | 25.97 | 35.21 | 34.03 | 29.20 | 29.20 | |