| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Dec 2025 | FY25Dec 2024 | FY24Dec 2023 | FY23Dec 2022 | 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.74× | 0.73× | 0.74× | — | ||
| 1.09× | 1.10× | 1.10× | 1.11× | — | ||
| 14.6% | 14.7% | 14.1% | 15.1% | — | ||
| 1.28× | 1.28× | 1.25× | 1.21× | — | ||
| 1.36× | 1.36× | 1.29× | 1.30× | 1.34× | ||
| 20.5% | 20.6% | 18.4% | 19.6% | — | ||
| 20.2% | 20.2% | 18.5% | 19.8% | — | ||
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 31/12/2022 | FY24 31/12/2023 | FY25 31/12/2024 | FY26 31/12/2025 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| 5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage | ||||||
| Tax Burden (Net Income/Pretax) × | — | 0.74 | 0.73 | 0.74 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | — | 1.11 | 1.10 | 1.10 | 1.09 | |
| EBIT Margin % | — | 15.15 | 14.14 | 14.65 | 14.61 | |
| Asset Turnover × | — | 1.21 | 1.25 | 1.28 | 1.28 | |
| Financial Leverage (Assets/Equity) × | 1.34 | 1.30 | 1.29 | 1.36 | 1.36 | |
| ROE (5-step product, year-end total equity) % | — | 19.56 | 18.39 | 20.64 | 20.45 | |
| ROE (owners' profit / average owners' equity) % | — | 19.78 | 18.52 | 20.21 | 20.21 | |