Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | 59.7% |
| EBITDA margin % | 18% | 19.3% |
| EBIT margin % | 14.4% | 15.9% |
| PAT margin % | 11.9% | 13% |
| Working capital | ||
| Receivable days | 27 | 24 |
| Inventory days | 43 | 107 |
| Payable days | 26 | 69 |
| NWC days | 44 | 62 |
| Leverage | ||
| Current ratio | 2.55 | 2.7 |
| Debt to EBITDA | — | 0.03 |
| Debt to equity | — | 0.01 |
| Interest coverage | 78.9 | 123.7 |
| Asset turnover | 1.05 | 0.99 |
| Return ratios | ||
| Return on assets % | 12.5% | 13% |
| Return on capital employed % | 19.9% | 21.6% |
| Return on equity % | 15.5% | 15.8% |
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.