Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 22.7% | 19.5% |
| EBITDA margin % | 11% | 11.4% |
| EBIT margin % | 9.6% | 9.8% |
| PAT margin % | 6.4% | 6.1% |
| Working capital | ||
| Receivable days | — | 80 |
| Inventory days | 128 | 81 |
| Payable days | — | 128 |
| NWC days | — | 33 |
| Leverage | ||
| Current ratio | 1.47 | 1.23 |
| Debt to EBITDA | — | 1.47 |
| Debt to equity | — | 1.06 |
| Interest coverage | 6.3 | 5.2 |
| Asset turnover | 1.38 | 1.37 |
| Return ratios | ||
| Return on assets % | 8.8% | 8.3% |
| Return on capital employed % | 28.9% | 43.4% |
| Return on equity % | — | 38.8% |
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.