Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 68.9% | 66.7% | 68.9% | 71.4% | 71.6% |
| EBITDA margin % | |||||
Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 68.9% | 66.7% | 68.9% | 71.4% | 71.6% |
| EBITDA margin % | |||||
| 25.6% |
| 21.7% |
| 24.5% |
| 24.7% |
| 25.3% |
| EBIT margin % | 23.4% | 18% | 20.7% | 19.6% | 19.1% |
| PAT margin % | 18.7% | 15% | 18.8% | 16.5% | 13.6% |
| Working capital | |||||
| Receivable days | 18 | 24 | 30 | 46 | 44 |
| Inventory days | 265 | 188 | 177 | 219 | 193 |
| Payable days | 162 | 126 | 125 | 119 | 121 |
| NWC days | 121 | 85 | 81 | 146 | 117 |
| Leverage | |||||
| Current ratio | 1.68 | 2.38 | 3.14 | 1.27 | 1.1 |
| Debt to EBITDA | 0.44 | 0.09 | 0.08 | 2.82 | 1.74 |
| Debt to equity | 0.14 | 0.02 | 0.02 | 0.59 | 0.39 |
| Interest coverage | 34.4 | 38.3 | 72.1 | 6.8 | 4.8 |
| Asset turnover | 0.85 | 0.9 | 0.86 | 0.44 | 0.51 |
| Return ratios | |||||
| Return on assets % | 15.9% | 13.5% | 16.2% | 7.2% | 6.9% |
| Return on capital employed % | 30.9% | 23.7% | 27.3% | 18.4% | 14.2% |
| Return on equity % | 23.6% | 17.6% | 20.7% | 14% | 11.9% |
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.