| 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.78× | 0.68× | 0.73× | 0.69× | ||
| 0.73× | 1.05× | 0.64× | 0.68× | 0.71× | ||
| 20.1% | 18.9% | 27.7% | 21.1% | 16.9% | ||
| 0.34× | 0.34× | 0.40× | 0.61× | 0.68× | ||
| 2.04× | 2.03× | 3.02× | 3.01× | 2.95× | ||
| 7.5% | 10.7% | 14.5% | 19.3% | 16.6% | ||
| 13.0% | 13.0% | 14.6% | 19.2% | 16.6% | ||
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) × | 0.69 | 0.73 | 0.68 | 0.78 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 0.71 | 0.68 | 0.64 | 1.05 | 0.73 | |
| EBIT Margin % | 16.93 | 21.13 | 27.65 | 18.90 | 20.13 | |
| Asset Turnover × | 0.68 | 0.61 | 0.40 | 0.34 | 0.34 | |
| Financial Leverage (Assets/Equity) × | 2.95 | 3.01 | 3.02 | 2.03 | 2.04 | |
| ROE (5-step product, year-end total equity) % | 16.59 | 19.31 | 14.53 | 10.71 | 7.50 | |
| ROE (owners' profit / average owners' equity) % | 16.64 | 19.21 | 14.60 | 12.99 | 12.99 | |