| 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× | 0.78× | 0.76× | 0.82× | 0.78× | ||
| 1.07× | 1.12× | 1.20× | 1.40× | 1.21× | ||
| 65.7% | 64.8% | 63.3% | 58.7% | 56.7% | ||
| 0.55× | 0.55× | 0.49× | 0.40× | 0.35× | ||
| 1.13× | 1.11× | 1.11× | 1.10× | 1.10× | ||
| 33.5% | 34.6% | 31.3% | 29.6% | 20.6% | ||
| 34.5% | 34.5% | 31.4% | 29.5% | 20.7% | ||
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) × | 0.78 | 0.82 | 0.76 | 0.78 | 0.77 | |
| Interest Burden (Pretax/EBIT) × | 1.21 | 1.40 | 1.20 | 1.12 | 1.07 | |
| EBIT Margin % | 56.67 | 58.70 | 63.26 | 64.78 | 65.69 | |
| Asset Turnover × | 0.35 | 0.40 | 0.49 | 0.55 | 0.55 | |
| Financial Leverage (Assets/Equity) × | 1.10 | 1.10 | 1.11 | 1.11 | 1.13 | |
| ROE (5-step product, year-end total equity) % | 20.60 | 29.61 | 31.32 | 34.61 | 33.51 | |
| ROE (owners' profit / average owners' equity) % | 20.69 | 29.54 | 31.39 | 34.48 | 34.48 | |