| 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. | |||||
|---|---|---|---|---|---|---|
| 1.00× | 1.00× | 1.28× | 1.00× | 1.88× | ||
| 1.00× | 1.10× | 1.20× | 3.30× | −0.49× | ||
| 24.0% | 19.4% | 16.8% | −31.7% | 8.9% | ||
| 0.38× | 0.38× | 0.29× | 0.08× | 0.33× | ||
| 1.06× | 1.15× | 1.36× | 2.48× | 2.07× | ||
| 9.6% | 9.3% | 10.1% | −20.6% | −5.6% | ||
| 10.0% | 10.0% | 12.7% | −19.0% | −5.4% | ||
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) × | 1.88 | 1.00 | 1.28 | 1.00 | 1.00 | |
| Interest Burden (Pretax/EBIT) × | -0.49 | 3.30 | 1.20 | 1.10 | 1.00 | |
| EBIT Margin % | 8.93 | -31.66 | 16.78 | 19.40 | 23.98 | |
| Asset Turnover × | 0.33 | 0.08 | 0.29 | 0.38 | 0.38 | |
| Financial Leverage (Assets/Equity) × | 2.07 | 2.48 | 1.36 | 1.15 | 1.06 | |
| ROE (5-step product, year-end total equity) % | -5.61 | -20.62 | 10.14 | 9.34 | 9.64 | |
| ROE (owners' profit / average owners' equity) % | -5.36 | -19.01 | 12.66 | 9.95 | 9.95 | |