Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 77.7% | 78.1% | 79.2% |
| EBITDA margin % | 17.7% | 19.3% | 15.9% |
| EBIT margin % |
| 13.7% |
| 15.9% |
| 14.3% |
| PAT margin % | 9.7% | 11.5% | 10.7% |
| Working capital | |||
| Receivable days | 95 | 102 | 116 |
| Inventory days | 185 | 172 | 171 |
| Payable days | 136 | 132 | 169 |
| NWC days | 145 | 142 | 118 |
| Leverage | |||
| Current ratio | 2.49 | 3.04 | 2.81 |
| Debt to EBITDA | 0.13 | 0 | 0 |
| Debt to equity | 0.04 | 0 | 0 |
| Interest coverage | 12.6 | 19.3 | 21.1 |
| Asset turnover | 1.21 | 1.2 | 1.14 |
| Return ratios | |||
| Return on assets % | 11.8% | 13.7% | 12.3% |
| Return on capital employed % | 23% | 26.9% | 25.6% |
| Return on equity % | 17.5% | 18.8% | 17.4% |
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.