Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 64.3% | 68.1% | 67.4% |
| EBITDA margin % | 8.1% | 15.3% | 14.6% |
| EBIT margin % | 1.5% | 9.5% | 9.1% |
| PAT margin % | 16.3% | 15.1% | 9.3% |
| Working capital | |||
| Receivable days | 88 | 68 | 54 |
| Inventory days | 167 | 111 | 111 |
| Payable days | 82 | 196 | 45 |
| NWC days | 172 | -17 | 120 |
| Leverage | |||
| Current ratio | 1.49 | 4.19 | 5.99 |
| Debt to EBITDA | 3.37 | 0 | 0 |
| Debt to equity | 0.6 | 0 | 0 |
| Interest coverage | 1.8 | 5.7 | 34.5 |
| Asset turnover | 1.06 | 0.63 | 0.72 |
| Return ratios | |||
| Return on assets % | 17.2% | 9.4% | 6.7% |
| Return on capital employed % | 9% | 13.4% | 10.9% |
| Return on equity % | 35.9% | 11.6% | 7.8% |
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.