Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 38.2% | 29.7% |
| EBITDA margin % | 14.7% | 14.3% |
| EBIT margin % | 14.5% | 14.2% |
| PAT margin % | 9% | 9.9% |
| Working capital | ||
| Receivable days | — | 267 |
| Inventory days | 29 | 14 |
| Payable days | — | 210 |
| NWC days | — | 71 |
| Leverage | ||
| Current ratio | 1.01 | 1.07 |
| Debt to EBITDA | — | 1.32 |
| Debt to equity | — | 0.86 |
| Interest coverage | 8.7 | 8.2 |
| Asset turnover | 1.02 | 0.85 |
| Return ratios | ||
| Return on assets % | 9.3% | 8.5% |
| Return on capital employed % | 45.3% | 55.8% |
| Return on equity % | — | 45.4% |
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.