| 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× | 0.74× | 0.62× | 0.73× | 0.68× | ||
| 0.92× | 0.94× | 0.82× | 0.92× | 0.90× | ||
| 18.9% | 19.8% | 17.5% | 18.8% | 22.7% | ||
| 0.51× | 0.51× | 0.48× | 0.46× | 0.49× | ||
| 1.26× | 1.29× | 1.39× | 1.44× | 1.54× | ||
| 8.6% | 9.0% | 6.0% | 8.4% | 10.4% | ||
| 12.7% | 12.7% | 6.0% | 8.6% | 11.1% | ||
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) × | 0.68 | 0.73 | 0.62 | 0.74 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.90 | 0.92 | 0.82 | 0.94 | 0.92 | |
| EBIT Margin % | 22.73 | 18.77 | 17.51 | 19.82 | 18.89 | |
| Asset Turnover × | 0.49 | 0.46 | 0.48 | 0.51 | 0.51 | |
| Financial Leverage (Assets/Equity) × | 1.54 | 1.44 | 1.39 | 1.29 | 1.26 | |
| ROE (5-step product, year-end total equity) % | 10.35 | 8.36 | 5.96 | 9.04 | 8.57 | |
| ROE (owners' profit / average owners' equity) % | 11.09 | 8.58 | 6.03 | 12.66 | 12.66 | |