Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 64.2% | 61.9% | 57.9% | 59.6% | 58.1% | 53.9% |
| EBITDA margin % | 13.5% | 14.8% | 17.6% | 20.8% | 20.4% | 19.6% |
| EBIT margin % | 7.1% | 9.8% | 14% | 17.3% | 17% | 16.3% |
| PAT margin % | 5.6% | 7.9% | 11.3% | 14.2% | 14.5% | 12.6% |
| Working capital | ||||||
| Receivable days | — | — | 55 | 56 | 60 | 68 |
| Inventory days | — | — | 113 | 114 | 116 | 111 |
| Payable days | — | — | 115 | 104 | 101 | 121 |
| NWC days | — | — | 53 | 67 | 75 | 58 |
| Leverage | ||||||
| Current ratio | — | — | 2.51 | 2.43 | 2.48 | 1.71 |
| Debt to EBITDA | — | — | 0.65 | 0.71 | 0.66 | 2.13 |
| Debt to equity | — | — | 0.2 | 0.24 | 0.2 | 0.64 |
| Interest coverage | 10.6 | 20.3 | 21.4 | 20.3 | 20.8 | 13.5 |
| Asset turnover | — | — | 1.1 | 0.98 | 0.95 | 0.72 |
| Return ratios | ||||||
| Return on assets % | — | — | 12.4% | 14% | 13.8% | 9.1% |
| Return on capital employed % | — | — | 23.2% | 30.2% | 27.9% | 23% |
| Return on equity % | — | — | 19.2% | 22.8% | 21.5% | 19.4% |
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.