| 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. | |||||
|---|---|---|---|---|---|---|
| 0.78× | 0.77× | 0.77× | 0.76× | 0.74× | ||
| 0.99× | 1.01× | 1.04× | 1.06× | 0.99× | ||
| 13.9% | 16.2% | 14.7% | 13.9% | 14.9% | ||
| 1.47× | 1.47× | 1.48× | 1.40× | 1.39× | ||
| 1.52× | 1.45× | 1.38× | 1.49× | 1.67× | ||
| 23.9% | 27.0% | 24.0% | 23.2% | 25.6% | ||
| 26.4% | 26.4% | 24.8% | 24.5% | 25.1% | ||
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) × | 0.74 | 0.76 | 0.77 | 0.77 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 0.99 | 1.06 | 1.04 | 1.01 | 0.99 | |
| EBIT Margin % | 14.94 | 13.91 | 14.67 | 16.22 | 13.93 | |
| Asset Turnover × | 1.39 | 1.40 | 1.48 | 1.47 | 1.47 | |
| Financial Leverage (Assets/Equity) × | 1.67 | 1.49 | 1.38 | 1.45 | 1.52 | |
| ROE (5-step product, year-end total equity) % | 25.59 | 23.18 | 24.00 | 26.98 | 23.93 | |
| ROE (owners' profit / average owners' equity) % | 25.12 | 24.51 | 24.83 | 26.35 | 26.35 | |