Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 32.9% | 35.3% |
| EBITDA margin % | 10.3% | 9.8% |
| EBIT margin % | 9.2% | 8.8% |
| PAT margin % | 6.9% | 7.8% |
| Working capital | ||
| Receivable days | 189 | 202 |
| Inventory days | 116 | 155 |
| Payable days | 82 | 26 |
| NWC days | 223 | 332 |
| Leverage | ||
| Current ratio | 3.43 | 3.44 |
| Debt to EBITDA | 0.65 | 1.85 |
| Debt to equity | 0.05 | 0.14 |
| Interest coverage | 16.9 | 8.7 |
| Asset turnover | 0.57 | 0.57 |
| Return ratios | ||
| Return on assets % | 3.9% | 4.4% |
| Return on capital employed % | 7.8% | 8.4% |
| Return on equity % | 5.2% | 5.9% |
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.