Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 36.5% | 31.6% | 40.9% |
| EBITDA margin % | 9.2% | -2% | 11.8% |
Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 36.5% | 31.6% | 40.9% |
| EBITDA margin % | 9.2% | -2% | 11.8% |
| EBIT margin % |
| 7.4% |
| -3.2% |
| 9.8% |
| PAT margin % | 3.9% | -7.2% | 5.9% |
| Working capital | |||
| Receivable days | 211 | 191 | 169 |
| Inventory days | 191 | 190 | 441 |
| Payable days | 181 | 160 | 117 |
| NWC days | 221 | 222 | 494 |
| Leverage | |||
| Current ratio | 1.9 | 1.6 | 1.74 |
| Debt to EBITDA | 3.07 | — | 4.96 |
| Debt to equity | 0.41 | 0.55 | 0.62 |
| Interest coverage | 3.3 | -0.8 | 3 |
| Asset turnover | 0.69 | 0.7 | 0.46 |
| Return ratios | |||
| Return on assets % | 2.7% | -5% | 2.7% |
| Return on capital employed % | 9.3% | -3.3% | 11% |
| Return on equity % | 5.7% | -11.6% | 6.3% |
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.