Standalone figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 42% | 42% | 41.9% | 44.4% | 46.1% | 47% | 44.5% |
| EBITDA margin % | 104.6% | 14.5% | 16.7% | 10.9% | 10.1% | 12.1% | 11.4% |
| EBIT margin % | 101.4% | 11.3% | 14.3% | 8.2% | 6.8% | 8.3% | 7.5% |
| PAT margin % | -0% | 5.8% | 9.3% | 5.6% | 4.1% | 6.7% | 6.5% |
| Working capital | |||||||
| Receivable days | — | 262 | 44 | 40 | 52 | 53 | 61 |
| Inventory days | — | 490 | 99 | 127 | 132 | 141 | 116 |
| Payable days | — | 649 | 103 | 117 | 129 | 139 | 139 |
| NWC days | — | 103 | 40 | 50 | 55 | 55 | 38 |
| Leverage | |||||||
| Current ratio | — | 1.47 | 1.4 | 1.26 | 1.11 | 1.17 | 1.18 |
| Debt to EBITDA | — | 7.61 | 0.52 | 1.21 | 2.06 | 1.74 | 1.58 |
| Debt to equity | — | 0.47 | 0.21 | 0.28 | 0.37 | 0.34 | 0.28 |
| Interest coverage | 72 | 8.2 | 15.6 | 10.6 | 4.6 | 6.3 | 7.3 |
| Asset turnover | — | 0.21 | 1.33 | 1.12 | 0.92 | 0.87 | 0.88 |
| Return ratios | |||||||
| Return on assets % | — | 1.2% | 12.4% | 6.2% | 3.7% | 5.8% | 5.7% |
| Return on capital employed % | — | 3.3% | 29.6% | 15.3% | 10.6% | 13.5% | 13% |
| Return on equity % | — | 2.4% | 22.8% | 11.7% | 7.2% | 10.8% | 10.2% |
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.