Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 66.9% | 66.9% | 59.5% | 60.4% | 63.1% | 58.5% |
| EBITDA margin % | 0.4% | 0.4% | 7.2% | 7% | 5.8% | 4.3% |
| EBIT margin % | -2.1% | -2.1% | 6% | 5.6% | 4.4% | 2.8% |
| PAT margin % | 2.2% | 2.2% | 3.9% | 3.6% | 2.9% | 2.1% |
| Working capital | ||||||
| Receivable days | — | — | 50 | 66 | 75 | 65 |
| Inventory days | — | — | 121 | 111 | 140 | 124 |
| Payable days | — | — | 32 | 36 | 50 | 50 |
| NWC days | — | — | 138 | 141 | 165 | 139 |
| Leverage | ||||||
| Current ratio | — | — | 3.11 | 2.55 | 2.4 | 2.73 |
| Debt to EBITDA | — | — | 2.24 | 2.09 | 2.25 | 1.22 |
| Debt to equity | — | — | 0.35 | 0.31 | 0.28 | 0.11 |
| Interest coverage | -0 | -0 | 5.1 | 5.6 | 5.4 | 5.5 |
| Asset turnover | — | — | 1.39 | 1.37 | 1.36 | 1.53 |
| Return ratios | ||||||
| Return on assets % | — | — | 5.4% | 4.9% | 3.9% | 3.2% |
| Return on capital employed % | — | — | 11.7% | 10.8% | 9.3% | 6.9% |
| Return on equity % | — | — | 8.5% | 7.5% | 6.1% | 4.4% |
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.