Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 18.7% | 9.9% | 16.8% | 9% | 1.4% |
| EBITDA margin % | 13.2% | 6.4% | 10.9% | 5.8% | 0.7% |
| EBIT margin % | 13.1% | 6.3% | 10.8% | 5.7% | 0.7% |
| PAT margin % | 9.7% | 6.1% | 6.5% | 3.3% | 0.4% |
| Working capital | |||||
| Receivable days | 177 | 79 | 59 | 37 | 1 |
| Inventory days | 42 | 22 | 18 | 2 | 0 |
| Payable days | 97 | 28 | 46 | 6 | 1 |
| NWC days | 123 | 72 | 30 | 34 | -0 |
| Leverage | |||||
| Current ratio | 2.53 | 1.91 | 1.6 | 1.62 | 1.95 |
| Debt to EBITDA | 1.02 | 6.01 | 6.19 | 4.4 | 4.7 |
| Debt to equity | 0.14 | 0.53 | 1 | 0.78 | 0.59 |
| Interest coverage | 3.6 | 8.9 | 2.9 | 3.3 | 3.9 |
| Asset turnover | 0.53 | 0.62 | 0.48 | 1.07 | 8.21 |
| Return ratios | |||||
| Return on assets % | 5.1% | 3.8% | 3.1% | 3.5% | 3.6% |
| Return on capital employed % | 11.8% | 9.6% | 13.5% | 15.7% | 12.2% |
| Return on equity % | 9.8% | 8.5% | 9.6% | 10.1% | 8.4% |
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.