Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | 63.3% | 58.6% |
| EBITDA margin % | 25.1% | 17.3% | 25.9% | 22.7% | 32.6% |
| EBIT margin % | 23.3% | 15.3% | 24.1% | 20.3% | 31.2% |
| PAT margin % | 20.2% | 13% | 19.8% | 22.3% | 30.3% |
| Working capital | |||||
| Receivable days | — | — | — | 133 | 103 |
| Inventory days | — | — | — | 226 | 173 |
| Payable days | — | — | — | 7 | 75 |
| NWC days | — | — | — | 352 | 200 |
| Leverage | |||||
| Current ratio | 5.89 | 4.46 | 7.58 | 13.3 | 4.67 |
| Debt to EBITDA | 0 | 0.38 | 0.14 | 0.3 | 0.44 |
| Debt to equity | 0 | 0.06 | 0.04 | 0.04 | 0.11 |
| Interest coverage | 98.9 | 189.6 | 54.6 | 27.8 | 51.7 |
| Asset turnover | 0.94 | 0.76 | 0.84 | 0.49 | 0.65 |
| Return ratios | |||||
| Return on assets % | 19% | 9.9% | 16.7% | 11% | 19.6% |
| Return on capital employed % | 29.3% | 17.9% | 27.6% | 21.9% | 35.4% |
| Return on equity % | 22.1% | 12.2% | 18.9% | 11.9% | 24% |
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.