Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 47.6% | 46% | 46.5% |
| EBITDA margin % | 18.2% | 17.4% | 18.1% |
| EBIT margin % | 14.3% | 13.1% | 13.8% |
| PAT margin % | 11.4% | 10.6% | 10.5% |
| Working capital | |||
| Receivable days | 62 | 66 | 74 |
| Inventory days | 91 | 77 | 87 |
| Payable days | 122 | 89 | 106 |
| NWC days | 31 | 55 | 55 |
| Leverage | |||
| Current ratio | 2.18 | 2.37 | 2.05 |
| Debt to EBITDA | 0.01 | 0.03 | 0.01 |
| Debt to equity | 0 | 0.01 | 0 |
| Interest coverage | 94.7 | 55.3 | 71.1 |
| Asset turnover | 1.03 | 0.95 | 0.86 |
| Return ratios | |||
| Return on assets % | 11.7% | 10.1% | 9.1% |
| Return on capital employed % | 20.4% | 18.4% | 17.6% |
| Return on equity % | 16.5% | 13.8% | 12.8% |
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.