Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 51.6% | 55.3% |
| EBITDA margin % | 12.8% | 12% |
| EBIT margin % | 11.8% | 11.1% |
| PAT margin % | 6.3% | 6% |
| Working capital | ||
| Receivable days | 91 | 92 |
| Inventory days | 76 | 90 |
| Payable days | 333 | 331 |
| NWC days | -166 | -148 |
| Leverage | ||
| Current ratio | 1.31 | 1.31 |
| Debt to EBITDA | 0.95 | 0.8 |
| Debt to equity | 0.34 | 0.28 |
| Interest coverage | 3.4 | 3.7 |
| Asset turnover | 0.85 | 0.93 |
| Return ratios | ||
| Return on assets % | 5.3% | 5.6% |
| Return on capital employed % | 33.1% | 35.7% |
| Return on equity % | 17.4% | 17.6% |
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.