Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 42.5% | 44.5% |
| EBITDA margin % | 27.4% | 26.5% |
| EBIT margin % | 25.5% | 24.7% |
| PAT margin % | 18.4% | 17.8% |
| Working capital | ||
| Receivable days | — | 250 |
| Inventory days | 85 | 105 |
| Payable days | — | 98 |
| NWC days | — | 258 |
| Leverage | ||
| Current ratio | 2.4 | 2.97 |
| Debt to EBITDA | — | 1.01 |
| Debt to equity | — | 0.48 |
| Interest coverage | 19.1 | 16.4 |
| Asset turnover | 0.85 | 0.95 |
| Return ratios | ||
| Return on assets % | 15.7% | 17% |
| Return on capital employed % | 34.3% | 41.2% |
| Return on equity % | — | 31.7% |
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.