| 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× | 0.76× | 0.76× | 0.76× | ||
| 1.01× | 1.04× | 0.99× | 1.03× | 1.01× | ||
| 11.8% | 12.1% | 12.1% | 11.9% | 11.6% | ||
| 1.10× | 1.10× | 1.13× | 1.18× | 1.27× | ||
| 1.44× | 1.38× | 1.44× | 1.45× | 1.52× | ||
| 14.2% | 14.3% | 14.8% | 15.9% | 17.1% | ||
| 14.6% | 14.6% | 14.9% | 16.2% | 17.6% | ||
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 | 0.76 | 0.76 | 0.75 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.01 | 1.03 | 0.99 | 1.04 | 1.01 | |
| EBIT Margin % | 11.58 | 11.88 | 12.09 | 12.08 | 11.80 | |
| Asset Turnover × | 1.27 | 1.18 | 1.13 | 1.10 | 1.10 | |
| Financial Leverage (Assets/Equity) × | 1.52 | 1.45 | 1.44 | 1.38 | 1.44 | |
| ROE (5-step product, year-end total equity) % | 17.10 | 15.87 | 14.83 | 14.33 | 14.25 | |
| ROE (owners' profit / average owners' equity) % | 17.60 | 16.21 | 14.91 | 14.62 | 14.62 | |