Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 57.9% | 57.9% | 58.3% |
| EBITDA margin % | — | 15.2% | 15.4% |
| EBIT margin % |
| — |
| 6.2% |
| 6% |
| PAT margin % | 0.9% | 0.9% | 1.6% |
| Working capital | |||
| Receivable days | — | 62 | 51 |
| Inventory days | — | 233 | 243 |
| Payable days | — | 235 | 234 |
| NWC days | — | 61 | 60 |
| Leverage | |||
| Current ratio | — | 0.97 | 1.07 |
| Debt to EBITDA | — | 0.71 | 0.56 |
| Debt to equity | — | 0.66 | 0.52 |
| Interest coverage | -1.7 | 1.5 | 1.6 |
| Asset turnover | — | 0.96 | 0.98 |
| Return ratios | |||
| Return on assets % | — | 0.8% | 1.6% |
| Return on capital employed % | — | 15.5% | 14.7% |
| Return on equity % | — | 5.3% | 9.7% |
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.