| 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× | 0.76× | 0.75× | 0.74× | 0.74× | ||
| 0.99× | 0.98× | 1.05× | 1.05× | 1.05× | ||
| 24.6% | 25.0% | 24.3% | 24.6% | 24.1% | ||
| 1.56× | 1.56× | 1.67× | 1.66× | 1.58× | ||
| 1.59× | 1.68× | 1.67× | 1.60× | 1.58× | ||
| 45.4% | 48.6% | 53.2% | 50.9% | 46.7% | ||
| 48.7% | 48.7% | 52.4% | 50.8% | 46.9% | ||
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 | 0.74 | 0.75 | 0.76 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 1.05 | 1.05 | 1.05 | 0.98 | 0.99 | |
| EBIT Margin % | 24.06 | 24.62 | 24.35 | 25.03 | 24.58 | |
| Asset Turnover × | 1.58 | 1.66 | 1.67 | 1.56 | 1.56 | |
| Financial Leverage (Assets/Equity) × | 1.58 | 1.60 | 1.67 | 1.68 | 1.59 | |
| ROE (5-step product, year-end total equity) % | 46.69 | 50.94 | 53.20 | 48.57 | 45.41 | |
| ROE (owners' profit / average owners' equity) % | 46.94 | 50.75 | 52.42 | 48.72 | 48.72 | |