IndustrialsAgricultural, Commercial & Construction VehiclesNIFTY SMALLCAP 250 +3ace-cranes.com· Palwal district
Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 19.2% | 22.7% | 21.6% | 19.8% | 28.9% | 30.5% | 31.5% | 32.3% |
| EBITDA margin % | 7.3% | 7.9% | 9.7% | 9.3% | 10.4% | 13.8% | 15.1% | 15.3% |
| EBIT margin % | 6.4% | 6.8% | 8.6% | 8.4% | 9.6% | 13.1% | 14.2% | 14.3% |
| PAT margin % | 4.2% | 4.6% | 6.5% | 6.5% | 7.5% | 11.3% | 12.2% | 13% |
| Working capital | ||||||||
| Receivable days | 39 | — | 67 | 42 | 29 | 21 | 30 | 32 |
| Inventory days | 72 | — | 101 | 93 | 99 | 99 | 82 | 99 |
| Payable days | 94 | — | 125 | 115 | 119 | 124 | 130 | 151 |
| NWC days | 16 | — | 42 | 20 | 9 | -4 | -18 | -19 |
| Leverage | ||||||||
| Current ratio | 1.14 | — | 1.2 | 1.38 | 1.36 | 1.36 | 1.21 | 1.34 |
| Debt to EBITDA | 0.45 | — | 0.45 | 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 | 5.7 | 9.9 | 11.1 | 22.4 | 19.7 | 20 | 26.7 |
| Asset turnover | 1.52 | — | 1.17 | 1.27 | 1.36 | 1.35 | 1.24 | 1.01 |
| Return ratios | ||||||||
| Return on assets % | 6.3% | — | 7.6% | 8.3% | 10.2% | 15.2% | 15% | 13.1% |
| Return on capital employed % | 19.5% | — | 21.5% | 22.8% | 27% | 42.3% | 40.2% | 32.4% |
| Return on equity % | 12.8% | — | 15.3% | 14% | 17.7% | 26.9% | 25.3% | 21.3% |
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.