| 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× | 0.72× | 0.75× | 0.76× | ||
| 0.96× | 0.96× | 0.99× | 0.96× | 0.95× | ||
| 16.6% | 18.1% | 15.9% | 16.7% | 12.9% | ||
| 0.93× | 0.93× | 1.06× | 0.93× | 1.18× | ||
| 1.24× | 1.28× | 1.32× | 1.16× | 1.32× | ||
| 14.0% | 15.3% | 15.8% | 12.9% | 14.5% | ||
| 15.6% | 15.6% | 14.9% | 13.7% | 16.1% | ||
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) × | 0.76 | 0.75 | 0.72 | 0.74 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.95 | 0.96 | 0.99 | 0.96 | 0.96 | |
| EBIT Margin % | 12.93 | 16.74 | 15.93 | 18.09 | 16.65 | |
| Asset Turnover × | 1.18 | 0.93 | 1.06 | 0.93 | 0.93 | |
| Financial Leverage (Assets/Equity) × | 1.32 | 1.16 | 1.32 | 1.28 | 1.24 | |
| ROE (5-step product, year-end total equity) % | 14.54 | 12.94 | 15.83 | 15.30 | 13.96 | |
| ROE (owners' profit / average owners' equity) % | 16.12 | 13.73 | 14.93 | 15.57 | 15.57 | |