| 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. | |||||
|---|---|---|---|---|---|---|
| 1.10× | 1.11× | 1.13× | 1.14× | 1.00× | ||
| 1.04× | 1.07× | 1.08× | 1.11× | 1.06× | ||
| 7.8% | 7.9% | 7.6% | 7.0% | 8.0% | ||
| 1.57× | 1.57× | 1.70× | 1.75× | 1.93× | ||
| 1.39× | 1.34× | 1.27× | 1.23× | 1.21× | ||
| 19.4% | 19.6% | 20.0% | 18.9% | 19.8% | ||
| 19.5% | 19.5% | 19.8% | 18.9% | 20.3% | ||
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 | 1.14 | 1.13 | 1.11 | 1.10 | |
| Interest Burden (Pretax/EBIT) × | 1.06 | 1.11 | 1.08 | 1.07 | 1.04 | |
| EBIT Margin % | 8.00 | 7.01 | 7.64 | 7.93 | 7.80 | |
| Asset Turnover × | 1.93 | 1.75 | 1.70 | 1.57 | 1.57 | |
| Financial Leverage (Assets/Equity) × | 1.21 | 1.23 | 1.27 | 1.34 | 1.39 | |
| ROE (5-step product, year-end total equity) % | 19.84 | 18.93 | 19.98 | 19.63 | 19.39 | |
| ROE (owners' profit / average owners' equity) % | 20.26 | 18.93 | 19.84 | 19.48 | 19.48 | |