Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 33.6% | 40.4% | 39.7% |
| EBITDA margin % | 12.9% | 19.4% | 18.6% |
| EBIT margin % | 11.8% | 18% | 17.3% |
| PAT margin % | 18.4% | 29.8% | 19.6% |
| Working capital | |||
| Receivable days | 96 | 149 | 93 |
| Inventory days | 43 | 185 | 74 |
| Payable days | 116 | 167 | 105 |
| NWC days | 23 | 167 | 63 |
| Leverage | |||
| Current ratio | 1.4 | 2.9 | 2.48 |
| Debt to EBITDA | 0.98 | 0.14 | 0.2 |
| Debt to equity | 0.25 | 0.02 | 0.07 |
| Interest coverage | 28.5 | 47.7 | 32.8 |
| Asset turnover | 0.84 | 0.41 | 0.85 |
| Return ratios | |||
| Return on assets % | 15.5% | 12.3% | 16.7% |
| Return on capital employed % | 33.7% | 28.4% | 30.9% |
| Return on equity % | 36.2% | 23.6% | 34.2% |
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.