| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.72× | 0.72× | 0.73× | 0.70× | ||
| 1.06× | 1.08× | 1.10× | 1.12× | 1.07× | ||
| 51.0% | 44.5% | 43.9% | 42.5% | 42.0% | ||
| 0.76× | 0.76× | 0.68× | 0.66× | 0.63× | ||
| 1.27× | 1.27× | 1.21× | 1.26× | 1.24× | ||
| 38.1% | 33.2% | 28.6% | 29.1% | 24.8% | ||
| 32.6% | 32.6% | 29.3% | 29.0% | 24.8% | ||
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) × | 0.70 | 0.73 | 0.72 | 0.72 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.07 | 1.12 | 1.10 | 1.08 | 1.06 | |
| EBIT Margin % | 41.95 | 42.50 | 43.92 | 44.47 | 50.96 | |
| Asset Turnover × | 0.63 | 0.66 | 0.68 | 0.76 | 0.76 | |
| Financial Leverage (Assets/Equity) × | 1.24 | 1.26 | 1.21 | 1.27 | 1.27 | |
| ROE (5-step product, year-end total equity) % | 24.83 | 29.06 | 28.64 | 33.18 | 38.13 | |
| ROE (owners' profit / average owners' equity) % | 24.81 | 28.98 | 29.34 | 32.61 | 32.61 | |