| 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× | 0.77× | 0.79× | 0.82× | 0.84× | ||
| 0.96× | 0.97× | 1.04× | 1.44× | 0.81× | ||
| 12.0% | 11.5% | 10.9% | 10.1% | 7.0% | ||
| 1.90× | 1.90× | 2.07× | 1.62× | 1.04× | ||
| 1.60× | 1.65× | 1.69× | 1.75× | 3.03× | ||
| 26.3% | 26.9% | 31.3% | 33.8% | 15.1% | ||
| 27.6% | 27.6% | 32.5% | 44.6% | 17.9% | ||
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) × | 0.84 | 0.82 | 0.79 | 0.77 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.81 | 1.44 | 1.04 | 0.97 | 0.96 | |
| EBIT Margin % | 7.04 | 10.11 | 10.87 | 11.52 | 12.01 | |
| Asset Turnover × | 1.04 | 1.62 | 2.07 | 1.90 | 1.90 | |
| Financial Leverage (Assets/Equity) × | 3.03 | 1.75 | 1.69 | 1.65 | 1.60 | |
| ROE (5-step product, year-end total equity) % | 15.08 | 33.76 | 31.27 | 26.88 | 26.32 | |
| ROE (owners' profit / average owners' equity) % | 17.93 | 44.63 | 32.46 | 27.63 | 27.63 | |