| 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× | 0.74× | 0.74× | 0.77× | ||
| 1.11× | 1.14× | 1.02× | 1.08× | 1.03× | ||
| 22.8% | 21.7% | 22.6% | 14.9% | 20.4% | ||
| 0.52× | 0.52× | 0.49× | 0.44× | 0.45× | ||
| 1.42× | 1.33× | 1.34× | 1.44× | 1.26× | ||
| 14.2% | 13.0% | 11.1% | 7.5% | 9.2% | ||
| 12.9% | 12.9% | 11.7% | 7.5% | 9.1% | ||
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) × | 0.77 | 0.74 | 0.74 | 0.76 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 1.03 | 1.08 | 1.02 | 1.14 | 1.11 | |
| EBIT Margin % | 20.45 | 14.87 | 22.56 | 21.72 | 22.80 | |
| Asset Turnover × | 0.45 | 0.44 | 0.49 | 0.52 | 0.52 | |
| Financial Leverage (Assets/Equity) × | 1.26 | 1.44 | 1.34 | 1.33 | 1.42 | |
| ROE (5-step product, year-end total equity) % | 9.16 | 7.52 | 11.06 | 12.99 | 14.16 | |
| ROE (owners' profit / average owners' equity) % | 9.12 | 7.47 | 11.70 | 12.90 | 12.90 | |