| 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× | 0.74× | 0.74× | 0.74× | 0.75× | ||
| 0.94× | 0.97× | 0.93× | 0.94× | 0.89× | ||
| 8.1% | 8.6% | 9.5% | 10.3% | 9.7% | ||
| 1.15× | 1.15× | 1.20× | 1.25× | 1.26× | ||
| 1.68× | 1.72× | 1.60× | 1.50× | 1.49× | ||
| 11.1% | 12.3% | 12.6% | 13.4% | 12.2% | ||
| 11.9% | 11.9% | 12.2% | 13.3% | 12.5% | ||
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 | 0.74 | 0.74 | 0.74 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.89 | 0.94 | 0.93 | 0.97 | 0.94 | |
| EBIT Margin % | 9.67 | 10.34 | 9.52 | 8.63 | 8.07 | |
| Asset Turnover × | 1.26 | 1.25 | 1.20 | 1.15 | 1.15 | |
| Financial Leverage (Assets/Equity) × | 1.49 | 1.50 | 1.60 | 1.72 | 1.68 | |
| ROE (5-step product, year-end total equity) % | 12.20 | 13.39 | 12.58 | 12.29 | 11.06 | |
| ROE (owners' profit / average owners' equity) % | 12.47 | 13.32 | 12.21 | 11.85 | 11.85 | |