Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 27.6% | 27% | 29.7% |
| EBITDA margin % | 10.8% | 10.1% | 9.5% |
| EBIT margin % | 9.2% | 7.9% | 7.4% |
| PAT margin % | 7.1% | 5.9% | 4.9% |
| Working capital | |||
| Receivable days | 71 | 66 | 75 |
| Inventory days | 38 | 58 | 29 |
| Payable days | — | — | — |
| NWC days | — | — | — |
| Leverage | |||
| Current ratio | 1.47 | 1.37 | 1.48 |
| Debt to EBITDA | 1.13 | 1.5 | 1.41 |
| Debt to equity | 0.37 | 0.44 | 0.43 |
| Interest coverage | 9.6 | 5.8 | 5 |
| Asset turnover | 1.37 | 1.21 | 1.48 |
| Return ratios | |||
| Return on assets % | 9.7% | 7.2% | 7.3% |
| Return on capital employed % | 26.5% | 22.3% | 22.1% |
| Return on equity % | 21.5% | 17.3% | 15.9% |
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.