Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 34.8% | 38.8% | 33.6% | 50.2% | 42.5% |
| EBITDA margin % | 1.7% | 1.4% | 1.2% | -2.7% | 12.4% |
| EBIT margin % | 0.4% | -0% | 0.1% | -3.8% | 11.4% |
| PAT margin % | 8.7% | 6.4% | 4.4% | 5.7% | 8.7% |
| Working capital | |||||
| Receivable days | 145 | 179 | 105 | 60 | 148 |
| Inventory days | 84 | 123 | 115 | 198 | 150 |
| Payable days | 143 | 127 | 94 | 86 | 105 |
| NWC days | 86 | 175 | 126 | 172 | 193 |
| Leverage | |||||
| Current ratio | 3.36 | 3.09 | 2.56 | 2.79 | 2.72 |
| Debt to EBITDA | 2.41 | 8.58 | 10.54 | — | 1.12 |
| Debt to equity | 0.02 | 0.09 | 0.13 | 0.17 | 0.16 |
| Interest coverage | 11.1 | 8.1 | 5.9 | 3.7 | 8.6 |
| Asset turnover | 0.46 | 0.56 | 0.77 | 0.82 | 0.79 |
| Return ratios | |||||
| Return on assets % | 4% | 3.6% | 3.4% | 4.7% | 6.9% |
| Return on capital employed % | 6.3% | 7.5% | 10.7% | 6.2% | 18.3% |
| Return on equity % | 4.8% | 4.6% | 4.6% | 6.3% | 9.9% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.