| Tap a line for its trend | Last 12Mto Jun 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. | |||||
|---|---|---|---|---|---|---|
| 0.73× | 0.73× | 0.75× | 0.73× | 0.75× | ||
| 1.05× | 1.06× | 1.10× | 1.11× | 1.18× | ||
| 16.8% | 16.5% | 16.5% | 14.6% | 12.6% | ||
| 1.15× | 1.15× | 1.06× | 1.03× | 0.96× | ||
| 1.75× | 1.75× | 1.59× | 1.47× | 1.49× | ||
| 26.1% | 25.9% | 22.9% | 17.9% | 15.9% | ||
| 24.7% | 24.7% | 22.3% | 18.1% | 17.1% | ||
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 30/06/2026 | |
|---|---|---|---|---|---|---|
| 5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage | ||||||
| Tax Burden (Net Income/Pretax) × | 0.75 | 0.73 | 0.75 | 0.73 | 0.73 | |
| Interest Burden (Pretax/EBIT) × | 1.18 | 1.11 | 1.10 | 1.06 | 1.05 | |
| EBIT Margin % | 12.55 | 14.62 | 16.51 | 16.52 | 16.82 | |
| Asset Turnover × | 0.96 | 1.03 | 1.06 | 1.15 | 1.15 | |
| Financial Leverage (Assets/Equity) × | 1.49 | 1.47 | 1.59 | 1.75 | 1.75 | |
| ROE (5-step product, year-end total equity) % | 15.92 | 17.93 | 22.94 | 25.90 | 26.07 | |
| ROE (owners' profit / average owners' equity) % | 17.11 | 18.07 | 22.30 | 24.72 | 24.72 | |