Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 77.3% | 60.8% | 71% | 70.5% | 73.4% |
| EBITDA margin % | |||||
| 66.2% |
| 46% |
| 47.1% |
| 44.5% |
| 52% |
| EBIT margin % | 65.9% | 45.2% | 45.7% | 43.1% | 50.8% |
| PAT margin % | 50.2% | 39.9% | 42% | 43.3% | 49.4% |
| Working capital | |||||
| Receivable days | 56 | 136 | 200 | 179 | 138 |
| Inventory days | 34 | 86 | 164 | 141 | 124 |
| Payable days | 21 | 41 | 69 | 66 | 28 |
| NWC days | 70 | 181 | 295 | 253 | 235 |
| Leverage | |||||
| Current ratio | 2.76 | 4.82 | 8.06 | 7.04 | 7.11 |
| Debt to EBITDA | 0.01 | 0.07 | 0.07 | 0.03 | 0.01 |
| Debt to equity | 0.02 | 0.02 | 0.01 | 0 | 0 |
| Interest coverage | 662 | 393.9 | 177.5 | 370.4 | 582.8 |
| Asset turnover | 1.17 | 0.42 | 0.29 | 0.3 | 0.33 |
| Return ratios | |||||
| Return on assets % | 58.8% | 16.8% | 12.1% | 12.9% | 16.1% |
| Return on capital employed % | 101.1% | 26.6% | 18.9% | 20.7% | 25.3% |
| Return on equity % | 86.2% | 21% | 15.2% | 14.4% | 17.8% |
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.