Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 61% | 59.2% | 62.9% | 92% |
| EBITDA margin % | 4.8% | 12.4% | 4.3% | 10.5% |
| EBIT margin % | 4% | 11.3% | 3.7% | 9.5% |
| PAT margin % | 2.5% | 8.1% | 0.6% | 5.6% |
| Working capital | ||||
| Receivable days | — | 93 | 61 | 36 |
| Inventory days | — | 173 | 268 | 1,322 |
| Payable days | — | 43 | 13 | 17 |
| NWC days | — | 223 | 317 | 1,341 |
| Leverage | ||||
| Current ratio | — | 1.54 | 1.68 | 1.4 |
| Debt to EBITDA | — | 2.31 | 6.38 | 2.78 |
| Debt to equity | — | 0.82 | 0.49 | 0.88 |
| Interest coverage | 1.8 | 4 | 2.1 | 3.7 |
| Asset turnover | — | 1.29 | 1.13 | 1.52 |
| Return ratios | ||||
| Return on assets % | — | 10.4% | 0.7% | 8.5% |
| Return on capital employed % | — | 28.5% | 8.9% | 31.2% |
| Return on equity % | — | 23% | 1.1% | 16.9% |
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.