Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 48.5% | 47.9% |
| EBITDA margin % | 15.5% | 12.6% |
| EBIT margin % | 12.8% | 10.2% |
| PAT margin % | 14.6% | 15.9% |
| Working capital | ||
| Receivable days | 106 | 148 |
| Inventory days | 326 | 370 |
| Payable days | 107 | 239 |
| NWC days | 325 | 279 |
| Leverage | ||
| Current ratio | 5.67 | 2.68 |
| Debt to EBITDA | 0.8 | 0.79 |
| Debt to equity | 0.04 | 0.04 |
| Interest coverage | 7.1 | 15.3 |
| Asset turnover | 0.29 | 0.31 |
| Return ratios | ||
| Return on assets % | 4.2% | 4.8% |
| Return on capital employed % | 7.2% | 9% |
| Return on equity % | 4.8% | 6.4% |
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.