Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 32.7% | 27.7% | 22.5% |
| EBITDA margin % | 18.2% | 13.1% | 9.7% |
| EBIT margin % |
| 16.8% |
| 11.4% |
| 5.8% |
| PAT margin % | 12.9% | 8.8% | 5% |
| Working capital | |||
| Receivable days | 10 | 16 | 20 |
| Inventory days | 54 | 54 | 54 |
| Payable days | 13 | 9 | 9 |
| NWC days | 51 | 62 | 66 |
| Leverage | |||
| Current ratio | 4.59 | 10.62 | 7.15 |
| Debt to EBITDA | 0.81 | 0.01 | 0.72 |
| Debt to equity | 0.33 | 0 | 0.1 |
| Interest coverage | 30.9 | 37.5 | 20 |
| Asset turnover | 1.56 | 1.17 | 1.22 |
| Return ratios | |||
| Return on assets % | 20.2% | 10.3% | 6.1% |
| Return on capital employed % | 30.7% | 18.3% | 10% |
| Return on equity % | 28.7% | 10.9% | 7.1% |
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.