Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 27% | 24.4% |
| EBITDA margin % | 11.5% | 10.4% |
| EBIT margin % | 9% | 8.2% |
| PAT margin % | 4.7% | 4.6% |
| Working capital | ||
| Receivable days | 13 | 8 |
| Inventory days | 313 | 209 |
| Payable days | 84 | 36 |
| NWC days | 242 | 180 |
| Leverage | ||
| Current ratio | 1.12 | 1.19 |
| Debt to EBITDA | 3.91 | 3.15 |
| Debt to equity | 1.06 | 0.82 |
| Interest coverage | 3.1 | 3.6 |
| Asset turnover | 0.86 | 1.14 |
| Return ratios | ||
| Return on assets % | 4% | 5.2% |
| Return on capital employed % | 17.1% | 18.1% |
| Return on equity % | 10.9% | 11.5% |
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.