| 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. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.74× | 0.76× | 0.76× | 0.76× | ||
| 0.80× | 0.80× | 0.86× | 0.87× | 0.91× | ||
| 39.4% | 37.6% | 34.5% | 43.3% | 44.2% | ||
| 0.35× | 0.35× | 0.44× | 0.63× | 0.59× | ||
| 1.67× | 1.73× | 1.61× | 1.63× | 1.81× | ||
| 13.7% | 13.4% | 16.0% | 29.5% | 32.4% | ||
| 13.0% | 13.0% | 16.0% | 30.6% | 32.3% | ||
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) × | 0.76 | 0.76 | 0.76 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.91 | 0.87 | 0.86 | 0.80 | 0.80 | |
| EBIT Margin % | 44.16 | 43.35 | 34.46 | 37.62 | 39.37 | |
| Asset Turnover × | 0.59 | 0.63 | 0.44 | 0.35 | 0.35 | |
| Financial Leverage (Assets/Equity) × | 1.81 | 1.63 | 1.61 | 1.73 | 1.67 | |
| ROE (5-step product, year-end total equity) % | 32.37 | 29.46 | 16.04 | 13.35 | 13.72 | |
| ROE (owners' profit / average owners' equity) % | 32.29 | 30.61 | 16.00 | 13.02 | 13.02 | |