Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 35.3% | 36.2% |
| EBITDA margin % | 20.9% | 20.6% |
| EBIT margin % | 18.7% | 18.5% |
| PAT margin % | 13.7% | 52.6% |
| Working capital | ||
| Receivable days | 112 | 38 |
| Inventory days | 70 | 29 |
| Payable days | 211 | 127 |
| NWC days | -29 | -60 |
| Leverage | ||
| Current ratio | 1.15 | 1.54 |
| Debt to EBITDA | — | 0 |
| Debt to equity | — | 0 |
| Interest coverage | 29 | 81.2 |
| Asset turnover | 0.79 | 0.34 |
| Return ratios | ||
| Return on assets % | 10.8% | 18.1% |
| Return on capital employed % | 25.3% | 34.4% |
| Return on equity % | 19% | 19.9% |
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.