Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 34.8% | 38% | 40.7% | 39.2% |
| EBITDA margin % | — | — | — | 14.8% |
| EBIT margin % | — | — | — | 10% |
| PAT margin % | 6.1% | 6.4% | 8.7% | 5.8% |
| Working capital | ||||
| Receivable days | — | — | — | 45 |
| Inventory days | — | — | — | 67 |
| Payable days | — | — | — | 30 |
| NWC days | — | — | — | 82 |
| Leverage | ||||
| Current ratio | — | — | — | 3.6 |
| Debt to EBITDA | — | — | — | 0.89 |
| Debt to equity | — | — | — | 0.13 |
| Interest coverage | -1.2 | -1.2 | -1 | 4.5 |
| Asset turnover | — | — | — | 0.78 |
| Return ratios | ||||
| Return on assets % | — | — | — | 4.5% |
| Return on capital employed % | — | — | — | 9.7% |
| Return on equity % | — | — | — | 5.8% |
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.