| 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× | 0.76× | 0.75× | 0.81× | 0.74× | ||
| 1.10× | 1.03× | 1.02× | 0.97× | 0.98× | ||
| 16.2% | 13.3% | 15.8% | 16.5% | 12.5% | ||
| 1.27× | 1.27× | 1.23× | 1.28× | 1.26× | ||
| 1.51× | 1.50× | 1.58× | 1.69× | 2.11× | ||
| 25.7% | 19.6% | 23.5% | 28.0% | 24.2% | ||
| 22.0% | 22.0% | 24.9% | 31.1% | 24.2% | ||
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) × | 0.74 | 0.81 | 0.75 | 0.76 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.98 | 0.97 | 1.02 | 1.03 | 1.10 | |
| EBIT Margin % | 12.54 | 16.47 | 15.84 | 13.30 | 16.15 | |
| Asset Turnover × | 1.26 | 1.28 | 1.23 | 1.27 | 1.27 | |
| Financial Leverage (Assets/Equity) × | 2.11 | 1.69 | 1.58 | 1.50 | 1.51 | |
| ROE (5-step product, year-end total equity) % | 24.17 | 28.05 | 23.53 | 19.62 | 25.71 | |
| ROE (owners' profit / average owners' equity) % | 24.24 | 31.06 | 24.90 | 22.01 | 22.01 | |