| 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. | |||||
|---|---|---|---|---|---|---|
| 0.67× | 0.66× | 0.66× | 0.65× | 0.66× | ||
| 0.73× | 0.68× | 0.64× | 0.60× | 0.62× | ||
| 12.5% | 12.7% | 12.7% | 11.7% | 10.0% | ||
| 1.07× | 1.07× | 0.98× | 1.01× | 1.36× | ||
| 5.44× | 5.27× | 5.08× | 5.62× | 5.96× | ||
| 35.4% | 32.1% | 26.9% | 25.8% | 33.2% | ||
| 33.4% | 33.4% | 29.3% | 27.5% | 26.8% | ||
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) × | 0.66 | 0.65 | 0.66 | 0.66 | 0.67 | |
| Interest Burden (Pretax/EBIT) × | 0.62 | 0.60 | 0.64 | 0.68 | 0.73 | |
| EBIT Margin % | 10.03 | 11.67 | 12.71 | 12.70 | 12.49 | |
| Asset Turnover × | 1.36 | 1.01 | 0.98 | 1.07 | 1.07 | |
| Financial Leverage (Assets/Equity) × | 5.96 | 5.62 | 5.08 | 5.27 | 5.44 | |
| ROE (5-step product, year-end total equity) % | 33.21 | 25.79 | 26.86 | 32.07 | 35.39 | |
| ROE (owners' profit / average owners' equity) % | 26.83 | 27.45 | 29.25 | 33.41 | 33.41 | |