Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 29.6% | 29.6% | 28.6% |
| EBITDA margin % | — | 10.2% | 11.5% |
| EBIT margin % | — | 7.9% | 9.4% |
| PAT margin % | 3.8% | 3.8% | 5.9% |
| Working capital | |||
| Receivable days | — | 36 | 34 |
| Inventory days | — | 87 | 94 |
| Payable days | — | 111 | 117 |
| NWC days | — | 11 | 10 |
| Leverage | |||
| Current ratio | — | 0.96 | 1.3 |
| Debt to EBITDA | — | 3.27 | 1.34 |
| Debt to equity | — | 1.02 | 0.35 |
| Interest coverage | -0.7 | 2.7 | 5.7 |
| Asset turnover | — | 1.08 | 1.17 |
| Return ratios | |||
| Return on assets % | — | 4.1% | 6.9% |
| Return on capital employed % | — | 14.6% | 21.5% |
| Return on equity % | — | 11.6% | 13.5% |
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.