Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | 64.6% |
| EBITDA margin % | 37.8% | 34.6% |
| EBIT margin % | 35.7% | 32.2% |
| PAT margin % | 27.6% | 27.1% |
| Working capital | ||
| Receivable days | 135 | 129 |
| Inventory days | 151 | 347 |
| Payable days | 3 | 110 |
| NWC days | 283 | 366 |
| Leverage | ||
| Current ratio | 2.43 | 3.09 |
| Debt to EBITDA | 0.71 | 0.67 |
| Debt to equity | 0.28 | 0.17 |
| Interest coverage | 32.3 | 31 |
| Asset turnover | 0.7 | 0.55 |
| Return ratios | ||
| Return on assets % | 19.3% | 14.8% |
| Return on capital employed % | 34.8% | 31.1% |
| Return on equity % | 28.3% | 19.7% |
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.