Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 66.3% | 65% | 68.6% | 72.7% | 74.8% |
| EBITDA margin % | 24.6% | 20.9% | 25.1% | 27% | 29.6% |
| EBIT margin % | 22.9% | 17.6% | 21.7% | 23% | 25.5% |
| PAT margin % | 18.6% | 15.4% | 19.7% | 20.5% | 19.6% |
| Working capital | |||||
| Receivable days | 23 | 22 | 30 | 34 | 41 |
| Inventory days | 183 | 132 | 135 | 153 | 151 |
| Payable days | 133 | 103 | 107 | 79 | 95 |
| NWC days | 73 | 52 | 58 | 109 | 97 |
| Leverage | |||||
| Current ratio | 1.68 | 2.54 | 3.49 | 1.17 | 0.78 |
| Debt to EBITDA | 0.37 | 0 | 0 | 2.83 | 1.81 |
| Debt to equity | 0.11 | 0 | 0 | 0.5 | 0.34 |
| Interest coverage | 40.7 | 57.3 | 156.1 | 7.2 | 5.3 |
| Asset turnover | 0.84 | 0.87 | 0.81 | 0.4 | 0.42 |
| Return ratios | |||||
| Return on assets % | 15.5% | 13.3% | 16% | 8.2% | 8.3% |
| Return on capital employed % | 28.8% | 21.8% | 25.6% | 18.1% | 15.3% |
| Return on equity % | 21.2% | 16% | 18.9% | 13.3% | 12.4% |
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.