Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 17% | 15.8% | 16.2% |
| EBITDA margin % | 6.5% | 4.8% | 4.4% |
| EBIT margin % |
| 5.1% |
| 3.6% |
| 3.4% |
| PAT margin % | 4.1% | 3.1% | 2.8% |
| Working capital | |||
| Receivable days | 67 | 62 | 67 |
| Inventory days | 68 | 83 | 79 |
| Payable days | 113 | 119 | 106 |
| NWC days | 21 | 26 | 40 |
| Leverage | |||
| Current ratio | 1.59 | 1.56 | 1.68 |
| Debt to EBITDA | 0 | 0.04 | 0 |
| Debt to equity | 0 | 0.01 | 0 |
| Interest coverage | 49.9 | 40 | 30.4 |
| Asset turnover | 1.9 | 1.8 | 1.77 |
| Return ratios | |||
| Return on assets % | 7.8% | 5.7% | 5% |
| Return on capital employed % | 22.7% | 17.5% | 14% |
| Return on equity % | 17.5% | 13.2% | 10.6% |
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.