| 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× | 0.77× | 0.78× | ||
| 1.02× | 1.03× | 1.11× | 0.98× | 0.98× | ||
| 18.2% | 18.3% | 20.3% | 21.4% | 19.4% | ||
| 0.64× | 0.64× | 0.68× | 0.92× | 0.95× | ||
| 1.28× | 1.22× | 1.16× | 1.38× | 1.34× | ||
| 11.4% | 11.0% | 13.3% | 20.6% | 18.8% | ||
| 11.2% | 11.2% | 14.8% | 21.0% | 18.4% | ||
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) × | 0.78 | 0.77 | 0.75 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.98 | 0.98 | 1.11 | 1.03 | 1.02 | |
| EBIT Margin % | 19.35 | 21.41 | 20.28 | 18.30 | 18.16 | |
| Asset Turnover × | 0.95 | 0.92 | 0.68 | 0.64 | 0.64 | |
| Financial Leverage (Assets/Equity) × | 1.34 | 1.38 | 1.16 | 1.22 | 1.28 | |
| ROE (5-step product, year-end total equity) % | 18.75 | 20.65 | 13.29 | 10.95 | 11.37 | |
| ROE (owners' profit / average owners' equity) % | 18.43 | 20.96 | 14.76 | 11.16 | 11.16 | |