Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 52.8% | 46.3% | 48.2% |
| EBITDA margin % | 21.1% | 9.8% | 11.6% |
| EBIT margin % |
| 19.9% |
| 8.4% |
| 10.7% |
| PAT margin % | 12.9% | 6.4% | 8.6% |
| Working capital | |||
| Receivable days | 163 | 261 | 139 |
| Inventory days | 135 | 62 | 8 |
| Payable days | 186 | 162 | 156 |
| NWC days | 112 | 160 | -9 |
| Leverage | |||
| Current ratio | 1.5 | 2.71 | 2.3 |
| Debt to EBITDA | 0.54 | 0.1 | 0.51 |
| Debt to equity | 0.28 | 0.01 | 0.08 |
| Interest coverage | 9.8 | 4 | 6.4 |
| Asset turnover | 0.91 | 0.6 | 0.78 |
| Return ratios | |||
| Return on assets % | 11.7% | 3.8% | 6.7% |
| Return on capital employed % | 45.8% | 15.9% | 18.3% |
| Return on equity % | 31.7% | 6% | 11.4% |
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.