Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 5% | 5.4% |
| EBITDA margin % | 2.9% | 3.3% |
| EBIT margin % | 2.7% | 3.2% |
| PAT margin % | 1.5% | 1.9% |
| Working capital | ||
| Receivable days | 53 | 50 |
| Inventory days | 28 | 27 |
| Payable days | 52 | 54 |
| NWC days | 29 | 23 |
| Leverage | ||
| Current ratio | 1.51 | 1.46 |
| Debt to EBITDA | 0.37 | 0.27 |
| Debt to equity | 0.13 | 0.11 |
| Interest coverage | 3.4 | 5.2 |
| Asset turnover | 4.2 | 4.26 |
| Return ratios | ||
| Return on assets % | 6.2% | 8% |
| Return on capital employed % | 31.1% | 43.3% |
| Return on equity % | 18.1% | 23.4% |
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.