Garment is a valued-added segment and offers a higher margin compared with the fabric and yarn segments. Due to this, the company uses around 83 per cent of fabrics and about 25 per cent of its yarn production for captive consumption. Analysts said this vertically integrated alignment has ensured lower raw material volatility and steady Ebitda margins over the years. A higher proportion of garments enhances the overall margin profile, as the segment yields margins in the 22-23 per cent range, ICICIdirect said, adding that the company has maintained an 18 per cent margin profile, an average return on capital employed of 20 per cent, and a debt to equity ratio of 0.3 times consistently over the past several years.