| 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× | 0.75× | 0.74× | 0.75× | 0.73× | ||
| 0.96× | 0.93× | 0.98× | 1.07× | 1.09× | ||
| 17.5% | 15.0% | 10.6% | 8.9% | 7.5% | ||
| 1.27× | 1.27× | 1.39× | 1.40× | 1.20× | ||
| 1.69× | 1.75× | 1.82× | 1.52× | 1.55× | ||
| 27.3% | 23.2% | 19.4% | 15.3% | 11.1% | ||
| 23.6% | 23.6% | 18.0% | 15.5% | 10.2% | ||
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) × | 0.73 | 0.75 | 0.74 | 0.75 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 1.09 | 1.07 | 0.98 | 0.93 | 0.96 | |
| EBIT Margin % | 7.47 | 8.93 | 10.56 | 15.01 | 17.53 | |
| Asset Turnover × | 1.20 | 1.40 | 1.39 | 1.27 | 1.27 | |
| Financial Leverage (Assets/Equity) × | 1.55 | 1.52 | 1.82 | 1.75 | 1.69 | |
| ROE (5-step product, year-end total equity) % | 11.06 | 15.28 | 19.45 | 23.17 | 27.31 | |
| ROE (owners' profit / average owners' equity) % | 10.21 | 15.45 | 18.00 | 23.56 | 23.56 | |