| 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× | 0.78× | 0.83× | 0.81× | ||
| 1.06× | 1.05× | 1.17× | 1.17× | 1.16× | ||
| 23.7% | 23.4% | 23.1% | 20.9% | 19.3% | ||
| 0.70× | 0.70× | 0.80× | 0.82× | 0.80× | ||
| 1.31× | 1.37× | 1.35× | 1.38× | 1.37× | ||
| 17.9% | 18.4% | 22.9% | 22.9% | 19.9% | ||
| 18.3% | 18.3% | 23.0% | 22.9% | 19.7% | ||
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) × | 0.81 | 0.83 | 0.78 | 0.78 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 1.16 | 1.17 | 1.17 | 1.05 | 1.06 | |
| EBIT Margin % | 19.26 | 20.93 | 23.08 | 23.45 | 23.67 | |
| Asset Turnover × | 0.80 | 0.82 | 0.80 | 0.70 | 0.70 | |
| Financial Leverage (Assets/Equity) × | 1.37 | 1.38 | 1.35 | 1.37 | 1.31 | |
| ROE (5-step product, year-end total equity) % | 19.89 | 22.86 | 22.87 | 18.37 | 17.88 | |
| ROE (owners' profit / average owners' equity) % | 19.71 | 22.87 | 23.01 | 18.25 | 18.25 | |