| 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× | 0.75× | 0.75× | 0.74× | ||
| 1.07× | 1.07× | 1.12× | 1.10× | 1.04× | ||
| 22.9% | 21.2% | 21.3% | 20.9% | 24.8% | ||
| 1.22× | 1.22× | 1.30× | 1.26× | 1.33× | ||
| 1.32× | 1.39× | 1.41× | 1.57× | 1.49× | ||
| 29.5% | 28.5% | 32.6% | 34.2% | 37.7% | ||
| 28.6% | 28.6% | 34.1% | 33.4% | 39.7% | ||
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) × | 0.74 | 0.75 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.04 | 1.10 | 1.12 | 1.07 | 1.07 | |
| EBIT Margin % | 24.76 | 20.91 | 21.25 | 21.21 | 22.92 | |
| Asset Turnover × | 1.33 | 1.26 | 1.30 | 1.22 | 1.22 | |
| Financial Leverage (Assets/Equity) × | 1.49 | 1.57 | 1.41 | 1.39 | 1.32 | |
| ROE (5-step product, year-end total equity) % | 37.71 | 34.18 | 32.57 | 28.53 | 29.52 | |
| ROE (owners' profit / average owners' equity) % | 39.72 | 33.38 | 34.05 | 28.64 | 28.64 | |