Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 40% | 43.1% |
| EBITDA margin % | 11.7% | 13.8% |
| EBIT margin % | 10.1% | 11.5% |
| PAT margin % | 7.4% | 8.6% |
| Working capital | ||
| Receivable days | 13 | 15 |
| Inventory days | 76 | 98 |
| Payable days | 25 | 24 |
| NWC days | 64 | 89 |
| Leverage | ||
| Current ratio | 1.68 | 2.58 |
| Debt to EBITDA | 0.77 | 0.46 |
| Debt to equity | 0.19 | 0.1 |
| Interest coverage | 20.2 | 20 |
| Asset turnover | 1.53 | 1.21 |
| Return ratios | ||
| Return on assets % | 11.3% | 10.3% |
| Return on capital employed % | 20.3% | 19.2% |
| Return on equity % | 15.7% | 12.7% |
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.