Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | 59.4% |
| EBITDA margin % | 18.1% | 19.6% |
| EBIT margin % | 14.6% | 16.2% |
| PAT margin % | 12.2% | 13.3% |
| Working capital | ||
| Receivable days | 28 | 26 |
| Inventory days | 42 | 103 |
| Payable days | 26 | 69 |
| NWC days | 44 | 60 |
| Leverage | ||
| Current ratio | 2.55 | 2.68 |
| Debt to EBITDA | — | 0 |
| Debt to equity | — | 0 |
| Interest coverage | 83.1 | 153.9 |
| Asset turnover | 1.05 | 0.99 |
| Return ratios | ||
| Return on assets % | 12.8% | 13.2% |
| Return on capital employed % | 20.2% | 22% |
| Return on equity % | 15.7% | 16% |
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.