Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 92.6% | 91.5% |
| EBITDA margin % | 47.4% | 44.4% |
| EBIT margin % | 31.4% | 31.1% |
| PAT margin % | 10.3% | 20.4% |
| Working capital | ||
| Receivable days | 26 | 16 |
| Inventory days | 165 | 121 |
| Payable days | 583 | 338 |
| NWC days | -391 | -201 |
| Leverage | ||
| Current ratio | 1.57 | 1.18 |
| Debt to EBITDA | 3.03 | 1.86 |
| Debt to equity | 0.48 | 0.37 |
| Interest coverage | 2.2 | 4.2 |
| Asset turnover | 0.16 | 0.23 |
| Return ratios | ||
| Return on assets % | 1.7% | 4.7% |
| Return on capital employed % | 6.2% | 10.2% |
| Return on equity % | 3.4% | 9.1% |
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.