Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 54.6% | 60.2% |
| EBITDA margin % | 22.5% | 26.6% |
| EBIT margin % | 18.3% | 21.7% |
| PAT margin % | 14.7% | 19.2% |
| Working capital | ||
| Receivable days | 114 | 187 |
| Inventory days | 114 | 130 |
| Payable days | 136 | 340 |
| NWC days | 92 | -24 |
| Leverage | ||
| Current ratio | 3 | 1.92 |
| Debt to EBITDA | 3.4 | 1.94 |
| Debt to equity | 0.39 | 0.35 |
| Interest coverage | 4.3 | 7.4 |
| Asset turnover | 0.32 | 0.39 |
| Return ratios | ||
| Return on assets % | 4.8% | 7.6% |
| Return on capital employed % | 9.3% | 17% |
| Return on equity % | 7.4% | 13% |
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.