| 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. | |||||
|---|---|---|---|---|---|---|
| 0.74× | 0.76× | 0.78× | 0.82× | 0.78× | ||
| 0.98× | 0.96× | 0.89× | 0.86× | 0.77× | ||
| 23.7% | 23.3% | 17.0% | 12.6% | 9.7% | ||
| 0.95× | 0.95× | 0.92× | 0.87× | 0.89× | ||
| 1.56× | 1.60× | 1.70× | 1.70× | 1.73× | ||
| 25.4% | 26.1% | 18.5% | 13.2% | 8.9% | ||
| 26.9% | 26.9% | 18.5% | 13.3% | 9.2% | ||
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) × | 0.78 | 0.82 | 0.78 | 0.76 | 0.74 | |
| Interest Burden (Pretax/EBIT) × | 0.77 | 0.86 | 0.89 | 0.96 | 0.98 | |
| EBIT Margin % | 9.65 | 12.62 | 17.02 | 23.29 | 23.73 | |
| Asset Turnover × | 0.89 | 0.87 | 0.92 | 0.95 | 0.95 | |
| Financial Leverage (Assets/Equity) × | 1.73 | 1.70 | 1.70 | 1.60 | 1.56 | |
| ROE (5-step product, year-end total equity) % | 8.89 | 13.19 | 18.54 | 26.07 | 25.44 | |
| ROE (owners' profit / average owners' equity) % | 9.15 | 13.31 | 18.50 | 26.88 | 26.88 | |