Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 35.4% | 36.2% | 38.5% | 42% | 42.5% |
| EBITDA margin % | — | 9.9% | 13.7% | 14.8% | 16.5% | 15.9% |
| EBIT margin % | — | 6.3% | 10.6% | 12% | 13.2% | 12.7% |
| PAT margin % | 5.5% | 5.6% | 9.2% | 10.7% | 12% | 12.6% |
| Working capital | ||||||
| Receivable days | — | 96 | 80 | 90 | 107 | 83 |
| Inventory days | — | 32 | 26 | 27 | 31 | 43 |
| Payable days | — | 77 | 60 | 60 | 58 | 71 |
| NWC days | — | 51 | 47 | 57 | 80 | 56 |
| Leverage | ||||||
| Current ratio | — | 3.92 | 4.18 | 4.85 | 5.8 | 5.3 |
| Debt to EBITDA | — | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | -28.9 | 104 | 76.3 | 110.1 | 107.9 | 132.3 |
| Asset turnover | — | 0.96 | 1.14 | 1.13 | 1.01 | 0.93 |
| Return ratios | ||||||
| Return on assets % | — | 5.4% | 10.5% | 12% | 12.2% | 11.7% |
| Return on capital employed % | — | 9.2% | 18.7% | 20.6% | 19.9% | 20% |
| Return on equity % | — | 6.7% | 13.2% | 14.6% | 14.3% | 14% |
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.