| 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. | |||||
|---|---|---|---|---|---|---|
| 0.78× | 0.79× | 0.76× | 0.77× | 0.77× | ||
| 0.84× | 0.80× | 0.74× | 0.85× | 0.91× | ||
| 9.7% | 9.6% | 11.1% | 12.3% | 16.1% | ||
| 1.09× | 1.09× | 1.05× | 1.14× | 1.32× | ||
| 1.87× | 1.78× | 1.72× | 1.68× | 1.68× | ||
| 13.0% | 11.8% | 11.3% | 15.4% | 24.8% | ||
| 11.6% | 11.6% | 11.2% | 1.8% | 25.7% | ||
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) × | 0.77 | 0.77 | 0.76 | 0.79 | 0.78 | |
| Interest Burden (Pretax/EBIT) × | 0.91 | 0.85 | 0.74 | 0.80 | 0.84 | |
| EBIT Margin % | 16.07 | 12.35 | 11.10 | 9.64 | 9.70 | |
| Asset Turnover × | 1.32 | 1.14 | 1.05 | 1.09 | 1.09 | |
| Financial Leverage (Assets/Equity) × | 1.68 | 1.68 | 1.72 | 1.78 | 1.87 | |
| ROE (5-step product, year-end total equity) % | 24.83 | 15.43 | 11.33 | 11.77 | 13.01 | |
| ROE (owners' profit / average owners' equity) % | 25.66 | 1.81 | 11.18 | 11.59 | 11.59 | |