SAIL Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	5.23%	9.55%	24.58%	4.00%	5.48%	4.09%
PAT margin	3.44%	6.00%	11.83%	2.08%	2.91%	2.31%
Asset Turnover	0.51x	0.57x	0.87x	0.86x	0.80x	0.76x
Leverage	2.96x	2.80x	2.39x	2.30x	2.43x	2.40x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Inventory Days	128.3	103.4	61.6	80.3	102.2	107.4
Receivable Days	39.5	44.9	22.8	17.2	23.2	27.7
Payable Days	103.9	95.4	105.9	99.3	99.6	92.5
Cash Conversion Cycle	63.9	53.0	-21.5	-1.7	25.8	42.7

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	5.23%	9.55%	24.58%	4.00%	5.48%	4.09%
ROCE	7.52%	11.22%	23.28%	6.28%	7.30%	6.39%
ROA	1.77%	3.41%	10.28%	1.74%	2.26%	1.70%