| 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× | 0.74× | 0.71× | 0.70× | 0.67× | ||
| 0.73× | 0.83× | 0.91× | 0.92× | 0.87× | ||
| 22.2% | 24.6% | 25.4% | 23.9% | 22.2% | ||
| 0.47× | 0.47× | 0.77× | 0.71× | 0.68× | ||
| 2.43× | 2.52× | 1.97× | 2.20× | 2.42× | ||
| 13.8% | 18.1% | 25.2% | 24.1% | 21.3% | ||
| 27.1% | 27.1% | 26.5% | 25.4% | 20.5% | ||
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) × | 0.67 | 0.70 | 0.71 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.87 | 0.92 | 0.91 | 0.83 | 0.73 | |
| EBIT Margin % | 22.19 | 23.86 | 25.41 | 24.61 | 22.17 | |
| Asset Turnover × | 0.68 | 0.71 | 0.77 | 0.47 | 0.47 | |
| Financial Leverage (Assets/Equity) × | 2.42 | 2.20 | 1.97 | 2.52 | 2.43 | |
| ROE (5-step product, year-end total equity) % | 21.32 | 24.08 | 25.23 | 18.11 | 13.77 | |
| ROE (owners' profit / average owners' equity) % | 20.49 | 25.37 | 26.46 | 27.07 | 27.07 | |