| 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. | |||||
|---|---|---|---|---|---|---|
| 0.70× | 0.72× | 0.73× | 0.75× | 0.75× | ||
| 0.89× | 0.91× | 0.95× | 0.92× | 0.67× | ||
| 8.6% | 14.6% | 23.2% | 15.0% | 5.0% | ||
| 1.07× | 1.07× | 1.47× | 1.26× | 1.22× | ||
| 1.93× | 1.79× | 1.70× | 1.92× | 1.74× | ||
| 11.0% | 18.3% | 40.6% | 25.0% | 5.3% | ||
| 18.0% | 18.0% | 42.6% | 24.2% | 6.0% | ||
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 | 0.75 | 0.73 | 0.72 | 0.70 | |
| Interest Burden (Pretax/EBIT) × | 0.67 | 0.92 | 0.95 | 0.91 | 0.89 | |
| EBIT Margin % | 4.98 | 15.01 | 23.17 | 14.58 | 8.55 | |
| Asset Turnover × | 1.22 | 1.26 | 1.47 | 1.07 | 1.07 | |
| Financial Leverage (Assets/Equity) × | 1.74 | 1.92 | 1.70 | 1.79 | 1.93 | |
| ROE (5-step product, year-end total equity) % | 5.28 | 25.00 | 40.57 | 18.26 | 10.96 | |
| ROE (owners' profit / average owners' equity) % | 5.95 | 24.15 | 42.61 | 17.97 | 17.97 | |