| 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× | 0.72× | 0.73× | 0.73× | 0.69× | ||
| 0.94× | 0.88× | 0.79× | 0.64× | 0.40× | ||
| 19.5% | 19.6% | 15.3% | 11.5% | 4.8% | ||
| 0.86× | 0.86× | 0.82× | 0.74× | 0.70× | ||
| 2.10× | 2.20× | 2.50× | 2.49× | 2.86× | ||
| 24.3% | 23.4% | 18.0% | 10.0% | 2.7% | ||
| 25.2% | 25.2% | 18.2% | 10.9% | 3.0% | ||
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 | 0.73 | 0.72 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 0.40 | 0.64 | 0.79 | 0.88 | 0.94 | |
| EBIT Margin % | 4.82 | 11.50 | 15.31 | 19.60 | 19.52 | |
| Asset Turnover × | 0.70 | 0.74 | 0.82 | 0.86 | 0.86 | |
| Financial Leverage (Assets/Equity) × | 2.86 | 2.49 | 2.50 | 2.20 | 2.10 | |
| ROE (5-step product, year-end total equity) % | 2.65 | 10.03 | 18.00 | 23.38 | 24.27 | |
| ROE (owners' profit / average owners' equity) % | 3.00 | 10.88 | 18.22 | 25.18 | 25.18 | |