| 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. | |||||
|---|---|---|---|---|---|---|
| 0.80× | 0.78× | 0.79× | 0.76× | 0.79× | ||
| 0.79× | 0.84× | 0.87× | 0.82× | 0.69× | ||
| 5.6% | 5.7% | 8.6% | 7.8% | 6.5% | ||
| 0.96× | 0.96× | 1.31× | 1.44× | 1.68× | ||
| 1.76× | 1.95× | 1.81× | 2.22× | 3.81× | ||
| 6.0% | 7.0% | 14.0% | 15.7% | 23.0% | ||
| 6.7% | 6.7% | 14.9% | 18.8% | 21.9% | ||
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) × | 0.79 | 0.76 | 0.79 | 0.78 | 0.80 | |
| Interest Burden (Pretax/EBIT) × | 0.69 | 0.82 | 0.87 | 0.84 | 0.79 | |
| EBIT Margin % | 6.53 | 7.83 | 8.59 | 5.65 | 5.63 | |
| Asset Turnover × | 1.68 | 1.44 | 1.31 | 0.96 | 0.96 | |
| Financial Leverage (Assets/Equity) × | 3.81 | 2.22 | 1.81 | 1.95 | 1.76 | |
| ROE (5-step product, year-end total equity) % | 22.95 | 15.73 | 14.02 | 6.96 | 6.00 | |
| ROE (owners' profit / average owners' equity) % | 21.88 | 18.81 | 14.89 | 6.69 | 6.69 | |