Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 3.7% | 4.7% | 5% |
| EBIT margin % | 2.5% | 3.6% | 4% |
| PAT margin % | 1.4% | 2.2% | 2.5% |
| Working capital | |||
| Receivable days | 3 | 2 | 5 |
| Inventory days | 41 | 45 | 51 |
| Payable days | — | — | — |
| NWC days | — | — | — |
| Leverage | |||
| Current ratio | 1.75 | 1.61 | 1.86 |
| Debt to EBITDA | 1.73 | — | — |
| Debt to equity | 0.71 | — | — |
| Interest coverage | 3.4 | 4.5 | 5.2 |
| Asset turnover | 4.66 | 4.34 | 4.1 |
| Return ratios | |||
| Return on assets % | 6.5% | 9.6% | 10.2% |
| Return on capital employed % | 19.5% | 34.4% | 33.6% |
| Return on equity % | 15.4% | 26.3% | 25.5% |
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.