Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 28.5% | 29.7% |
| EBITDA margin % | 13.9% | 14.3% |
| EBIT margin % | 13.7% | 14.2% |
| PAT margin % | 9% | 10% |
| Working capital | ||
| Receivable days | — | 245 |
| Inventory days | 14 | 8 |
| Payable days | — | 219 |
| NWC days | — | 34 |
| Leverage | ||
| Current ratio | 1.05 | 1.02 |
| Debt to EBITDA | — | 1.29 |
| Debt to equity | — | 0.81 |
| Interest coverage | 7.6 | 7.5 |
| Asset turnover | 1.01 | 0.9 |
| Return ratios | ||
| Return on assets % | 9.2% | 9% |
| Return on capital employed % | 42.6% | 56.1% |
| Return on equity % | — | 44% |
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.