Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 36.6% | 36.6% | 39.8% | 44.2% |
| EBITDA margin % | 19.7% | 19.5% | 21% | 23.6% |
| EBIT margin % | 17.7% | 17.5% | 18% | 17.8% |
| PAT margin % | 11.2% | 13.1% | 13.9% | 13.4% |
| Working capital | ||||
| Receivable days | 91 | 109 | 118 | 110 |
| Inventory days | 120 | 107 | 96 | 126 |
| Payable days | 78 | 100 | 91 | 122 |
| NWC days | 132 | 116 | 124 | 114 |
| Leverage | ||||
| Current ratio | 1.96 | 3.46 | 2.89 | 2.93 |
| Debt to EBITDA | 0.85 | 0 | 0.01 | 0.01 |
| Debt to equity | 0.39 | 0 | 0 | 0 |
| Interest coverage | 13.9 | 27.8 | 199.1 | 79.7 |
| Asset turnover | 1.26 | 0.85 | 0.88 | 0.74 |
| Return ratios | ||||
| Return on assets % | 14.1% | 11.1% | 12.2% | 9.9% |
| Return on capital employed % | 35.3% | 27.7% | 21.9% | 18.8% |
| Return on equity % | 26.4% | 14.2% | 15.2% | 12.4% |
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.