Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 68.9% | 69.4% | 69.9% | 69.7% |
| EBITDA margin % | 3.2% | 8% | ||
| 2.9% |
| 9.3% |
| EBIT margin % | 2.1% | 6.6% | 1% | 7.8% |
| PAT margin % | -8.6% | 6.9% | 3.4% | 8.3% |
| Working capital | ||||
| Receivable days | 30 | 30 | 24 | 31 |
| Inventory days | 86 | 78 | 95 | 77 |
| Payable days | 152 | 184 | 210 | 187 |
| NWC days | -35 | -76 | -91 | -80 |
| Leverage | ||||
| Current ratio | 2.39 | 2.83 | 2.12 | 1.71 |
| Debt to EBITDA | 0.08 | 0 | 0 | 0 |
| Debt to equity | 0.01 | 0 | 0 | 0 |
| Interest coverage | 9.9 | 23 | 9 | 24.7 |
| Asset turnover | 1.49 | 1.09 | 1.07 | 1.15 |
| Return ratios | ||||
| Return on assets % | -12.8% | 7.5% | 3.7% | 9.5% |
| Return on capital employed % | 7.3% | 17.2% | 7.5% | 18.7% |
| Return on equity % | -19.2% | 10.8% | 5.3% | 13.7% |
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.