| 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. | |||||
|---|---|---|---|---|---|---|
| 0.99× | 1.01× | 1.00× | 1.00× | 1.00× | ||
| −0.16× | 0.06× | 1.02× | 0.90× | 1.43× | ||
| 5.2% | 6.5% | 7.1% | 5.2% | 4.2% | ||
| 1.42× | 1.42× | 2.83× | 2.89× | 2.44× | ||
| 2.08× | 2.07× | 1.37× | 1.58× | 2.09× | ||
| −2.4% | 1.2% | 28.1% | 21.3% | 31.0% | ||
| 1.1% | 1.1% | 29.9% | 24.3% | 48.6% | ||
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) × | 1.00 | 1.00 | 1.00 | 1.01 | 0.99 | |
| Interest Burden (Pretax/EBIT) × | 1.43 | 0.90 | 1.02 | 0.06 | -0.16 | |
| EBIT Margin % | 4.25 | 5.19 | 7.07 | 6.47 | 5.16 | |
| Asset Turnover × | 2.44 | 2.89 | 2.83 | 1.42 | 1.42 | |
| Financial Leverage (Assets/Equity) × | 2.09 | 1.58 | 1.37 | 2.07 | 2.08 | |
| ROE (5-step product, year-end total equity) % | 31.03 | 21.31 | 28.14 | 1.17 | -2.38 | |
| ROE (owners' profit / average owners' equity) % | 48.63 | 24.28 | 29.89 | 1.08 | 1.08 | |