IndustrialsAgricultural, Commercial & Construction VehiclesNIFTY SMALLCAP 250 +3ace-cranes.com· Palwal district
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 27% | 22.7% | 21.6% | 19.8% | 28.9% | 30.6% | 31.7% | 32.5% |
| EBITDA margin % | 7.3% | 7.9% | 9.7% | 9.3% | 10.2% | 13.8% | 15.2% | 15.4% |
| EBIT margin % | 6.4% | 6.8% | 8.6% | 8.3% | 9.4% | 13% | 14.4% | 14.3% |
| PAT margin % | 4.2% | 4.5% | 6.5% | 6.4% | 8% | 11.3% | 12.3% | 12.7% |
| Working capital | ||||||||
| Receivable days | 39 | — | 67 | 42 | 29 | 21 | 29 | 32 |
| Inventory days | 79 | — | 101 | 93 | 99 | 100 | 83 | 100 |
| Payable days | 105 | — | 125 | 115 | 119 | 124 | 130 | 151 |
| NWC days | 14 | — | 42 | 20 | 9 | -4 | -18 | -20 |
| Leverage | ||||||||
| Current ratio | 1.13 | — | 1.2 | 1.38 | 1.38 | 1.38 | 1.22 | 1.33 |
| Debt to EBITDA | 0.45 | — | 0.46 | 0.19 | 0.03 | 0.01 | 0.03 | 0 |
| Debt to equity | 0.1 | — | 0.1 | 0.04 | 0.01 | 0 | 0.01 | 0 |
| Interest coverage | 8.3 | 5.6 | 9.8 | 11 | 23.7 | 19.7 | 20.2 | 26.2 |
| Asset turnover | 1.51 | — | 1.16 | 1.27 | 1.35 | 1.34 | 1.23 | 1.01 |
| Return ratios | ||||||||
| Return on assets % | 6.3% | — | 7.6% | 8.2% | 10.8% | 15.1% | 15.1% | 12.8% |
| Return on capital employed % | 21.1% | — | 21.4% | 22.7% | 28.6% | 41.9% | 40.2% | 31.6% |
| Return on equity % | 12.8% | — | 15.2% | 13.9% | 18.8% | 26.7% | 25.3% | 20.6% |
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.