Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 34.2% | 35% |
| EBITDA margin % | 16.7% | 17.1% |
| EBIT margin % | 14.6% | 15.1% |
| PAT margin % | 11.3% | 11.2% |
| Working capital | ||
| Receivable days | 51 | 43 |
| Inventory days | 32 | 35 |
| Payable days | — | 108 |
| NWC days | — | -30 |
| Leverage | ||
| Current ratio | 1.15 | 1.42 |
| Debt to EBITDA | 0 | 0 |
| Debt to equity | 0 | 0 |
| Interest coverage | 37.2 | 26.1 |
| Asset turnover | 1.73 | 2.13 |
| Return ratios | ||
| Return on assets % | 19.5% | 23.8% |
| Return on capital employed % | 44.8% | 58.4% |
| Return on equity % | 34.4% | 50.5% |
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.