Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 68.4% | 72% | 70.7% | 71% | 59.9% | 54.5% |
| EBITDA margin % | 25.4% | 35.4% | 22.6% | 20.9% | 16.3% | 19.7% |
| EBIT margin % | 19.3% | 28.5% | 15.1% | 12.5% | 8.8% | 13.7% |
| PAT margin % | 13.9% | 19.6% | 12.2% | 11.3% | 9.2% | 12.1% |
| Working capital | ||||||
| Receivable days | 46 | 73 | 77 | 93 | 94 | 84 |
| Inventory days | 3 | 15 | 8 | 20 | 6 | 7 |
| Payable days | 31 | 119 | 156 | 129 | 82 | 135 |
| NWC days | 18 | -31 | -71 | -16 | 19 | -44 |
| Leverage | ||||||
| Current ratio | 1.22 | 1.12 | 3.87 | 7.9 | 5.4 | 2.9 |
| Debt to EBITDA | 0.95 | 0.67 | 0.26 | 0 | 0 | 0 |
| Debt to equity | 0.28 | 0.29 | 0.03 | 0 | 0 | 0 |
| Interest coverage | 25.6 | 8.4 | 9 | 14 | 902.7 | 28.7 |
| Asset turnover | 0.67 | 0.69 | 0.45 | 0.32 | 0.34 | 0.4 |
| Return ratios | ||||||
| Return on assets % | 9.2% | 13.5% | 5.4% | 3.6% | 3.1% | 4.8% |
| Return on capital employed % | 15.8% | 29.7% | 12.3% | 7.1% | 4.9% | 7.7% |
| Return on equity % | 15.8% | 23.7% | 6.2% | 3.9% | 3.4% | 5.6% |
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.