| 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× | 0.74× | 0.76× | 0.75× | 0.74× | ||
| 0.90× | 0.90× | 0.94× | 0.76× | 0.72× | ||
| 7.3% | 6.7% | 5.2% | 4.1% | 3.0% | ||
| 3.54× | 3.54× | 3.65× | 4.17× | 5.96× | ||
| 2.03× | 1.82× | 1.98× | 2.40× | 2.57× | ||
| 36.1% | 28.8% | 27.1% | 23.2% | 24.7% | ||
| 29.3% | 29.3% | 28.6% | 23.7% | 23.7% | ||
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) × | 0.74 | 0.75 | 0.76 | 0.74 | 0.76 | |
| Interest Burden (Pretax/EBIT) × | 0.72 | 0.76 | 0.94 | 0.90 | 0.90 | |
| EBIT Margin % | 3.02 | 4.06 | 5.23 | 6.70 | 7.34 | |
| Asset Turnover × | 5.96 | 4.17 | 3.65 | 3.54 | 3.54 | |
| Financial Leverage (Assets/Equity) × | 2.57 | 2.40 | 1.98 | 1.82 | 2.03 | |
| ROE (5-step product, year-end total equity) % | 24.70 | 23.20 | 27.08 | 28.85 | 36.14 | |
| ROE (owners' profit / average owners' equity) % | 23.68 | 23.66 | 28.59 | 29.25 | 29.25 | |