| 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× | 0.75× | 0.75× | 1.01× | 1.15× | ||
| 0.95× | 0.95× | 0.87× | 0.81× | 0.44× | ||
| 6.7% | 8.0% | 7.8% | 6.0% | 2.2% | ||
| 2.11× | 2.11× | 1.91× | 2.04× | 2.08× | ||
| 2.08× | 2.69× | 3.40× | 4.25× | 5.26× | ||
| 21.1% | 31.9% | 32.9% | 42.5% | 11.9% | ||
| 35.4% | 35.4% | 36.4% | 46.6% | 11.7% | ||
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) × | 1.15 | 1.01 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.44 | 0.81 | 0.87 | 0.95 | 0.95 | |
| EBIT Margin % | 2.15 | 5.98 | 7.76 | 7.98 | 6.75 | |
| Asset Turnover × | 2.08 | 2.04 | 1.91 | 2.11 | 2.11 | |
| Financial Leverage (Assets/Equity) × | 5.26 | 4.25 | 3.40 | 2.69 | 2.08 | |
| ROE (5-step product, year-end total equity) % | 11.92 | 42.55 | 32.90 | 31.94 | 21.09 | |
| ROE (owners' profit / average owners' equity) % | 11.69 | 46.55 | 36.42 | 35.42 | 35.42 | |