| 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. | |||||
|---|---|---|---|---|---|---|
| 0.76× | 0.76× | — | 0.75× | 0.75× | ||
| 0.97× | 0.97× | — | 0.98× | 0.99× | ||
| 6.8% | 7.4% | — | 10.4% | 9.3% | ||
| 2.71× | 2.71× | — | 2.76× | 3.01× | ||
| 2.29× | 2.20× | 2.20× | 1.87× | 2.18× | ||
| 31.0% | 32.4% | — | 39.6% | 45.2% | ||
| 32.4% | 32.4% | — | 42.5% | 36.6% | ||
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) × | 0.75 | 0.75 | — | 0.76 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.99 | 0.98 | — | 0.97 | 0.97 | |
| EBIT Margin % | 9.32 | 10.40 | — | 7.36 | 6.82 | |
| Asset Turnover × | 3.01 | 2.76 | — | 2.71 | 2.71 | |
| Financial Leverage (Assets/Equity) × | 2.18 | 1.87 | 2.20 | 2.20 | 2.29 | |
| ROE (5-step product, year-end total equity) % | 45.24 | 39.60 | — | 32.41 | 31.03 | |
| ROE (owners' profit / average owners' equity) % | 36.60 | 42.45 | — | 32.39 | 32.39 | |