Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 36.3% | 39.4% | 35.3% |
| EBITDA margin % | 33.2% | 33.3% | 29.8% |
| EBIT margin % | 33% | 33% | 29.5% |
| PAT margin % | 25.3% | 26% | 24.3% |
| Working capital | |||
| Receivable days | 39 | 154 | 73 |
| Inventory days | 47 | 217 | 268 |
| Payable days | 27 | 41 | 10 |
| NWC days | 59 | 330 | 331 |
| Leverage | |||
| Current ratio | 3.2 | 20.38 | 15.93 |
| Debt to EBITDA | 0.01 | 0.01 | 0.16 |
| Debt to equity | 0.01 | 0 | 0.03 |
| Interest coverage | 163.5 | 199.8 | 77.6 |
| Asset turnover | 1.09 | 0.47 | 0.52 |
| Return ratios | |||
| Return on assets % | 27.5% | 12.3% | 12.6% |
| Return on capital employed % | 49.4% | 25% | 19.1% |
| Return on equity % | 36.8% | 12.9% | 13.3% |
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.