| 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× | 0.75× | 0.76× | 0.76× | 0.75× | ||
| 1.00× | 1.00× | 1.01× | 1.05× | 1.04× | ||
| 12.3% | 12.5% | 11.9% | 12.5% | 11.6% | ||
| 1.69× | 1.69× | 1.73× | 1.68× | 1.68× | ||
| 1.80× | 1.69× | 1.39× | 1.47× | 1.41× | ||
| 28.1% | 26.8% | 22.0% | 24.6% | 21.6% | ||
| 24.5% | 24.5% | 22.4% | 24.1% | 20.9% | ||
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) × | 0.75 | 0.76 | 0.76 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.04 | 1.05 | 1.01 | 1.00 | 1.00 | |
| EBIT Margin % | 11.65 | 12.45 | 11.88 | 12.53 | 12.33 | |
| Asset Turnover × | 1.68 | 1.68 | 1.73 | 1.69 | 1.69 | |
| Financial Leverage (Assets/Equity) × | 1.41 | 1.47 | 1.39 | 1.69 | 1.80 | |
| ROE (5-step product, year-end total equity) % | 21.58 | 24.60 | 21.95 | 26.76 | 28.11 | |
| ROE (owners' profit / average owners' equity) % | 20.86 | 24.08 | 22.43 | 24.48 | 24.48 | |