Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 39% | 40.9% | 42.3% |
| EBITDA margin % | 2.9% | 11.3% | 12% |
| EBIT margin % |
| -0.1% |
| 7.6% |
| 8.4% |
| PAT margin % | 0% | 8.4% | 5.9% |
| Working capital | |||
| Receivable days | 73 | 68 | 67 |
| Inventory days | 90 | 102 | 110 |
| Payable days | 76 | 96 | 87 |
| NWC days | 87 | 74 | 89 |
| Leverage | |||
| Current ratio | 1.6 | 2.55 | 3.25 |
| Debt to EBITDA | 4 | 0.03 | 0.14 |
| Debt to equity | 0.69 | 0 | 0.02 |
| Interest coverage | 0.6 | 10.5 | 5.3 |
| Asset turnover | 1.19 | 1 | 0.8 |
| Return ratios | |||
| Return on assets % | 0% | 8.4% | 4.7% |
| Return on capital employed % | 1.4% | 13.1% | 13.1% |
| Return on equity % | 0.1% | 11.3% | 7.7% |
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.