Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 27.6% | 24.3% | 23.5% |
| EBITDA margin % | 12.9% | 12.1% | 11.5% |
| EBIT margin % | 10.9% | 10.2% | 9.6% |
| PAT margin % | 9.3% | 7.8% | 10.3% |
| Working capital | |||
| Receivable days | 40 | 33 | 64 |
| Inventory days | 337 | 84 | 49 |
| Payable days | 12 | 7 | 9 |
| NWC days | 365 | 110 | 104 |
| Leverage | |||
| Current ratio | 28.94 | 22.47 | 6.02 |
| Debt to EBITDA | 0.47 | 0.25 | 0.69 |
| Debt to equity | 0.05 | 0.04 | 0.08 |
| Interest coverage | 13.7 | 24 | 16.8 |
| Asset turnover | 0.78 | 1.19 | 0.95 |
| Return ratios | |||
| Return on assets % | 7.2% | 9.3% | 9.7% |
| Return on capital employed % | 10.3% | 14.7% | 17.1% |
| Return on equity % | 7.8% | 10% | 10.8% |
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.