Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 6.3% | 5.4% | 10.5% | 0.5% |
| EBITDA margin % | 3.9% | 3.7% | ||
| 5.4% |
| -1% |
| EBIT margin % | 3.9% | 3.1% | 4.9% | -1.3% |
| PAT margin % | 5.3% | 14.6% | 18.3% | 9% |
| Working capital | ||||
| Receivable days | 23 | 20 | 32 | 6 |
| Inventory days | 0 | 0 | 0 | 0 |
| Payable days | 129 | 143 | 12 | 17 |
| NWC days | -106 | -123 | 20 | -11 |
| Leverage | ||||
| Current ratio | 1.78 | 1.67 | 17.56 | 9.48 |
| Debt to EBITDA | 0.88 | 3.05 | 1.73 | — |
| Debt to equity | 0.03 | 0.05 | 0.03 | 0.26 |
| Interest coverage | 130 | 13.3 | 9.6 | 6.5 |
| Asset turnover | 0.7 | 0.36 | 0.29 | 0.48 |
| Return ratios | ||||
| Return on assets % | 3.7% | 5.2% | 5.3% | 4.3% |
| Return on capital employed % | 6.5% | 4.1% | 2.9% | 2.4% |
| Return on equity % | 5% | 6.4% | 5.5% | 5.6% |
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.