Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 47% | 45.7% |
| EBITDA margin % | 17.1% | 11.2% |
| EBIT margin % | 14.2% | 8.1% |
| PAT margin % | 19.1% | 11.3% |
| Working capital | ||
| Receivable days | 65 | 56 |
| Inventory days | 85 | 102 |
| Payable days | 89 | 107 |
| NWC days | 62 | 51 |
| Leverage | ||
| Current ratio | 1.93 | 1.34 |
| Debt to EBITDA | 0 | 0 |
| Debt to equity | 0 | 0 |
| Interest coverage | 98.6 | 65.7 |
| Asset turnover | 0.59 | 0.63 |
| Return ratios | ||
| Return on assets % | 11.3% | 7% |
| Return on capital employed % | 15.8% | 9.2% |
| Return on equity % | 13.5% | 8.7% |
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.