| 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. | |||||
|---|---|---|---|---|---|---|
| 0.72× | 0.77× | 0.62× | 0.73× | 0.74× | ||
| 0.84× | 1.04× | 1.09× | 1.06× | 1.07× | ||
| 25.6% | 24.5% | 19.7% | 15.8% | 15.4% | ||
| 1.15× | 1.15× | 1.03× | 0.90× | 0.85× | ||
| 1.31× | 1.28× | 1.27× | 1.22× | 1.18× | ||
| 23.3% | 28.8% | 17.2% | 13.3% | 12.3% | ||
| 28.8% | 28.8% | 17.1% | 13.3% | 12.2% | ||
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 | 0.73 | 0.62 | 0.77 | 0.72 | |
| Interest Burden (Pretax/EBIT) × | 1.07 | 1.06 | 1.09 | 1.04 | 0.84 | |
| EBIT Margin % | 15.44 | 15.81 | 19.66 | 24.54 | 25.56 | |
| Asset Turnover × | 0.85 | 0.90 | 1.03 | 1.15 | 1.15 | |
| Financial Leverage (Assets/Equity) × | 1.18 | 1.22 | 1.27 | 1.28 | 1.31 | |
| ROE (5-step product, year-end total equity) % | 12.28 | 13.35 | 17.22 | 28.80 | 23.25 | |
| ROE (owners' profit / average owners' equity) % | 12.16 | 13.34 | 17.05 | 28.80 | 28.80 | |