Standalone figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 79.9% | 80.6% | 88.1% | 90% | 88.9% | 92.8% | 83.3% |
| EBITDA margin % | 18.4% | 20.6% | 23.8% | 22% | 22% | 18.5% | 12.8% |
| EBIT margin % | 16.5% | 19.3% | 22.3% | 20.6% | 20.2% | 17.3% | 11.2% |
| PAT margin % | 12.5% | 15.2% | 17.7% | 17.1% | 15.6% | 13.5% | 8.8% |
| Working capital | |||||||
| Receivable days | 37 | 74 | 96 | 74 | 66 | 62 | 81 |
| Inventory days | 278 | 223 | 525 | 709 | 835 | 1,558 | 852 |
| Payable days | 157 | 18 | 107 | 289 | 174 | 328 | 140 |
| NWC days | 158 | 279 | 514 | 493 | 727 | 1,292 | 793 |
| Leverage | |||||||
| Current ratio | 2.86 | 10.14 | 8.09 | 5.59 | 7.97 | 8 | 8.72 |
| Debt to EBITDA | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 20.7 | 58.3 | 115.1 | 102.5 | 67.5 | 83.6 | 51.7 |
| Asset turnover | 1.6 | 1.13 | 1.19 | 1.19 | 1.21 | 1.21 | 0.98 |
| Return ratios | |||||||
| Return on assets % | 20% | 17.1% | 21.1% | 20.4% | 18.9% | 16.4% | 8.6% |
| Return on capital employed % | 39.8% | 34.8% | 35.2% | 36.1% | 32.5% | 27.6% | 14% |
| Return on equity % | 28.8% | 18.9% | 23.7% | 24% | 21.3% | 18.6% | 9.7% |
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.