Consolidated figures
| Ratio | Mar 2024 | Mar 2025 |
|---|---|---|
| Margins | ||
| Gross margin % | 49.8% | 57.4% |
| EBITDA margin % | 23.2% | 23.8% |
| EBIT margin % | 22.1% | 22.1% |
| PAT margin % | 15.3% | 14.7% |
| Working capital | ||
| Receivable days | 87 | 91 |
| Inventory days | 68 | 97 |
| Payable days | 97 | 128 |
| NWC days | 58 | 59 |
| Leverage | ||
| Current ratio | 1.69 | 2.14 |
| Debt to EBITDA | 1.09 | 0.78 |
| Debt to equity | 0.33 | 0.17 |
| Interest coverage | 7.9 | 6.8 |
| Asset turnover | 0.68 | 0.58 |
| Return ratios | ||
| Return on assets % | 10.4% | 8.5% |
| Return on capital employed % | 24.6% | 22.9% |
| Return on equity % | 19.9% | 13.2% |
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.