Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 53.5% | 53% | 43.2% | 46.3% | 50.3% | 43.3% |
| EBITDA margin % | 5.5% | 7.6% | 10.2% | 14.9% | 18% | 17.6% |
| EBIT margin % | 4.1% | 6.3% | 9.2% | 14% | 17% | 16.9% |
| PAT margin % | 11.8% | 10.2% | 13.7% | 19.5% | 20.3% | 19% |
| Working capital | ||||||
| Receivable days | 87 | 64 | 47 | 71 | 34 | 73 |
| Inventory days | 1,142 | 1,044 | 604 | 410 | 291 | 128 |
| Payable days | 1,234 | 836 | 366 | 321 | 240 | 225 |
| NWC days | -5 | 272 | 284 | 161 | 85 | -24 |
| Leverage | ||||||
| Current ratio | 1.06 | 1.05 | 1.08 | 1.14 | 1.25 | 1.42 |
| Debt to EBITDA | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 91.4 | 110.9 | 225.4 | 481.7 | 707.6 | 56 |
| Asset turnover | 0.16 | 0.2 | 0.27 | 0.33 | 0.41 | 0.5 |
| Return ratios | ||||||
| Return on assets % | 1.9% | 2% | 3.7% | 6.4% | 8.3% | 9.5% |
| Return on capital employed % | 19.9% | 20.1% | 32.7% | 45.3% | 43.6% | 35.9% |
| Return on equity % | 16.4% | 17.7% | 25.7% | 33.1% | 32.4% | 27.5% |
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.