Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 79% | 78.2% | 75.5% |
| EBITDA margin % | 37.9% | 37.9% | 31.2% |
| EBIT margin % |
| 35.8% |
| 33.5% |
| 20.3% |
| PAT margin % | 27.8% | 34.4% | 26.3% |
| Working capital | |||
| Receivable days | 82 | 83 | 98 |
| Inventory days | 165 | 136 | 156 |
| Payable days | 106 | 111 | 117 |
| NWC days | 141 | 108 | 137 |
| Leverage | |||
| Current ratio | 2.11 | 6.55 | 4.81 |
| Debt to EBITDA | 0.36 | 0.78 | 1.49 |
| Debt to equity | 0.27 | 0.11 | 0.15 |
| Interest coverage | 24.7 | 24.3 | 6.2 |
| Asset turnover | 1.19 | 0.3 | 0.26 |
| Return ratios | |||
| Return on assets % | 33.1% | 10.3% | 6.9% |
| Return on capital employed % | 65.5% | 25.4% | 12.8% |
| Return on equity % | 53.5% | 12.5% | 8.6% |
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.