Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 43.1% | 43.9% | 45.9% |
| EBITDA margin % | 8.5% | 9.4% | 10.5% |
| EBIT margin % |
| 7.2% |
| 8.4% |
| 9.5% |
| PAT margin % | 2.2% | 5.7% | 6.9% |
| Working capital | |||
| Receivable days | 75 | 69 | 81 |
| Inventory days | 118 | 76 | 74 |
| Payable days | 98 | 68 | 76 |
| NWC days | 94 | 77 | 79 |
| Leverage | |||
| Current ratio | 1.21 | 1.45 | 1.62 |
| Debt to EBITDA | 1.39 | 0.38 | 0.14 |
| Debt to equity | 0.62 | 0.17 | 0.06 |
| Interest coverage | 4.6 | 9.7 | 27.6 |
| Asset turnover | 1.66 | 2.12 | 2 |
| Return ratios | |||
| Return on assets % | 3.6% | 12.1% | 13.8% |
| Return on capital employed % | 32.1% | 40.4% | 41.4% |
| Return on equity % | 11.4% | 27.4% | 28% |
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.