| 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. | |||||
|---|---|---|---|---|---|---|
| 0.76× | 0.76× | 0.74× | 0.77× | 0.80× | ||
| 0.96× | 0.92× | 0.87× | 0.87× | 0.96× | ||
| 5.0% | 4.1% | 3.1% | 2.5% | 2.3% | ||
| 4.37× | 4.37× | 3.92× | 3.96× | 3.94× | ||
| 1.50× | 1.50× | 1.68× | 1.68× | 1.68× | ||
| 23.6% | 18.9% | 13.3% | 11.3% | 11.5% | ||
| 19.9% | 19.9% | 13.3% | 11.3% | 10.4% | ||
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) × | 0.80 | 0.77 | 0.74 | 0.76 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.96 | 0.87 | 0.87 | 0.92 | 0.96 | |
| EBIT Margin % | 2.26 | 2.53 | 3.12 | 4.14 | 4.96 | |
| Asset Turnover × | 3.94 | 3.96 | 3.92 | 4.37 | 4.37 | |
| Financial Leverage (Assets/Equity) × | 1.68 | 1.68 | 1.68 | 1.50 | 1.50 | |
| ROE (5-step product, year-end total equity) % | 11.48 | 11.25 | 13.35 | 18.88 | 23.63 | |
| ROE (owners' profit / average owners' equity) % | 10.41 | 11.28 | 13.31 | 19.92 | 19.92 | |