| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.74× | 0.74× | 0.73× | 0.75× | ||
| 1.07× | 1.06× | 1.06× | 1.01× | 1.00× | ||
| 21.1% | 21.4% | 20.2% | 19.1% | 14.5% | ||
| 0.99× | 0.99× | 1.01× | 1.09× | 1.18× | ||
| 1.42× | 1.40× | 1.41× | 1.40× | 1.41× | ||
| 23.7% | 23.4% | 22.7% | 21.6% | 18.2% | ||
| 23.8% | 23.8% | 22.9% | 22.1% | 18.7% | ||
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) × | 0.75 | 0.73 | 0.74 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.00 | 1.01 | 1.06 | 1.06 | 1.07 | |
| EBIT Margin % | 14.53 | 19.11 | 20.20 | 21.40 | 21.08 | |
| Asset Turnover × | 1.18 | 1.09 | 1.01 | 0.99 | 0.99 | |
| Financial Leverage (Assets/Equity) × | 1.41 | 1.40 | 1.41 | 1.40 | 1.42 | |
| ROE (5-step product, year-end total equity) % | 18.22 | 21.61 | 22.67 | 23.40 | 23.67 | |
| ROE (owners' profit / average owners' equity) % | 18.70 | 22.14 | 22.86 | 23.79 | 23.79 | |