Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 74% | 74.7% | — | — | 76.8% |
| EBITDA margin % | 38.7% | 39.3% | 35.1% | 35% | 35.6% |
| EBIT margin % | 37.3% | 38% | 32.9% | 32% | 32.8% |
| PAT margin % | 30.8% | 31.5% | 28.6% | 28.9% | 29.9% |
| Working capital | |||||
| Receivable days | 23 | 31 | 53 | 45 | — |
| Inventory days | 122 | 139 | 62 | 70 | 235 |
| Payable days | 61 | — | 6 | 10 | — |
| NWC days | 83 | — | 109 | 106 | — |
| Leverage | |||||
| Current ratio | 9.76 | 9.99 | — | — | 14.79 |
| Debt to EBITDA | 0.09 | 0 | 0 | 0 | — |
| Debt to equity | 0.02 | 0 | 0 | 0 | — |
| Interest coverage | 161.5 | — | — | — | — |
| Asset turnover | 0.59 | 0.63 | 0.6 | 0.56 | 0.53 |
| Return ratios | |||||
| Return on assets % | 18% | 20% | 17% | 16.2% | 16% |
| Return on capital employed % | 27.5% | 31.8% | — | — | 22.5% |
| Return on equity % | 20.3% | 21.6% | 18.2% | 17.2% | — |
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.