| 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. | |||||
|---|---|---|---|---|---|---|
| 0.87× | 0.84× | 0.86× | 0.82× | 0.90× | ||
| 1.00× | 1.01× | 1.04× | 1.04× | 1.02× | ||
| 10.5% | 10.0% | 10.3% | 12.3% | 10.2% | ||
| 1.50× | 1.50× | 1.52× | 1.65× | 1.72× | ||
| 1.25× | 1.26× | 1.27× | 1.28× | 1.29× | ||
| 17.2% | 16.1% | 17.7% | 22.3% | 20.9% | ||
| 16.1% | 16.1% | 17.8% | 22.5% | 21.0% | ||
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) × | 0.90 | 0.82 | 0.86 | 0.84 | 0.87 | |
| Interest Burden (Pretax/EBIT) × | 1.02 | 1.04 | 1.04 | 1.01 | 1.00 | |
| EBIT Margin % | 10.18 | 12.32 | 10.27 | 10.03 | 10.50 | |
| Asset Turnover × | 1.72 | 1.65 | 1.52 | 1.50 | 1.50 | |
| Financial Leverage (Assets/Equity) × | 1.29 | 1.28 | 1.27 | 1.26 | 1.25 | |
| ROE (5-step product, year-end total equity) % | 20.92 | 22.35 | 17.70 | 16.12 | 17.22 | |
| ROE (owners' profit / average owners' equity) % | 20.99 | 22.49 | 17.84 | 16.13 | 16.13 | |