Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | 64.3% | 63.5% |
| EBITDA margin % | 26.8% | 28.6% | 29.8% | 26% | 26.3% | 21.1% | 24.4% | 23.6% |
| EBIT margin % | 26.8% | 25.8% | 26.1% | 21.3% | 21.5% | 16.7% | 20.6% | 20.1% |
| PAT margin % | 15.8% | 16.7% | 18.7% | 16.1% | 17.3% | 13.2% | 16.4% | 15.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | 84 | 84 |
| Inventory days | — | — | — | — | — | — | 492 | 496 |
| Payable days | — | — | — | — | — | — | 73 | 86 |
| NWC days | — | — | — | — | — | — | 503 | 495 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | 4.99 | 4.82 |
| Debt to EBITDA | — | — | — | — | — | — | 0.23 | 0.24 |
| Debt to equity | — | — | — | — | — | — | 0.03 | 0.04 |
| Interest coverage | 12.1 | 23.4 | 17.9 | 23.9 | 71.3 | 26.3 | 27.8 | 70.9 |
| Asset turnover | — | — | — | — | — | — | 0.54 | 0.55 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | — | — | 8.8% | 8.7% |
| Return on capital employed % | — | — | — | — | — | — | 13.9% | 14.6% |
| Return on equity % | — | — | — | — | — | — | 10.2% | 10.2% |
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.