Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 64.3% | 72.6% | 69.4% | 70.8% | 71.7% | 70% |
| EBITDA margin % | 23% | 24.8% | 26.1% | 30.2% | 26.9% | 29.3% |
| EBIT margin % | 19.7% | 22.5% | 24.2% | 26.4% | 23.7% | 26.5% |
| PAT margin % | 14.2% | 17.8% | 18.4% | 19.6% | 18.5% | 21.3% |
| Working capital | ||||||
| Receivable days | 103 | 131 | 98 | 109 | 94 | 83 |
| Inventory days | 149 | 166 | 159 | 260 | 223 | 272 |
| Payable days | 75 | 130 | 99 | 121 | 114 | 100 |
| NWC days | 177 | 167 | 159 | 248 | 202 | 255 |
| Leverage | ||||||
| Current ratio | 6.91 | 3.2 | 4.41 | 5.35 | 4.93 | 5.64 |
| Debt to EBITDA | 0 | 0.24 | 0.24 | 0.22 | 0.13 | 0.07 |
| Debt to equity | 0 | 0.05 | 0.07 | 0.06 | 0.04 | 0.02 |
| Interest coverage | 21.7 | 57.2 | 224.9 | 52.9 | 55.8 | 97.7 |
| Asset turnover | 0.86 | 0.76 | 0.85 | 0.71 | 0.86 | 0.91 |
| Return ratios | ||||||
| Return on assets % | 12.2% | 13.5% | 15.7% | 14% | 16% | 19.3% |
| Return on capital employed % | 18.6% | 26.8% | 26.4% | 22.7% | 26.1% | 30.7% |
| Return on equity % | 14.1% | 16.4% | 18.9% | 16.4% | 19.1% | 22.4% |
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.