| 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× | 0.76× | 0.74× | 0.75× | 0.76× | ||
| 1.12× | 1.19× | 1.24× | 1.08× | 1.07× | ||
| 9.6% | 9.9% | 9.7% | 11.0% | 13.9% | ||
| 1.26× | 1.26× | 1.27× | 1.29× | 1.42× | ||
| 2.00× | 1.50× | 1.47× | 1.41× | 1.44× | ||
| 20.7% | 17.0% | 16.6% | 16.1% | 23.0% | ||
| 16.8% | 16.8% | 16.3% | 16.3% | 24.2% | ||
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) × | 0.76 | 0.75 | 0.74 | 0.76 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 1.07 | 1.08 | 1.24 | 1.19 | 1.12 | |
| EBIT Margin % | 13.90 | 10.99 | 9.71 | 9.87 | 9.60 | |
| Asset Turnover × | 1.42 | 1.29 | 1.27 | 1.26 | 1.26 | |
| Financial Leverage (Assets/Equity) × | 1.44 | 1.41 | 1.47 | 1.50 | 2.00 | |
| ROE (5-step product, year-end total equity) % | 22.98 | 16.05 | 16.58 | 16.97 | 20.71 | |
| ROE (owners' profit / average owners' equity) % | 24.24 | 16.25 | 16.29 | 16.83 | 16.83 | |