Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 75.4% | 71.5% | 38.4% | 73.6% | 75.1% | 75.7% | 76.5% |
| EBITDA margin % | 10.9% | 8.6% | 12.2% | 12.7% | 15.1% | 16.2% | 17.4% |
| EBIT margin % | 6.9% | 3.4% | 8.2% | 8.5% | 10.5% | 11.4% | 13% |
| PAT margin % | 3.4% | 1.5% | 5.7% | 5.2% | 5.6% | 8.8% | 9.6% |
| Working capital | |||||||
| Receivable days | — | 49 | 48 | 46 | 39 | 39 | 40 |
| Inventory days | — | 30 | 13 | 26 | 17 | 16 | 19 |
| Payable days | — | 179 | 64 | 165 | 158 | 162 | 142 |
| NWC days | — | -100 | -3 | -93 | -102 | -107 | -82 |
| Leverage | |||||||
| Current ratio | — | 0.92 | 0.92 | 0.83 | 0.98 | 2.49 | 1.74 |
| Debt to EBITDA | — | 3.62 | 2.72 | 2.57 | 1.91 | 1.62 | 1.21 |
| Debt to equity | — | 0.4 | 0.51 | 0.6 | 0.57 | 0.29 | 0.24 |
| Interest coverage | 3.4 | 1.3 | 4.1 | 3.6 | 3.2 | 4.4 | 6.1 |
| Asset turnover | — | 0.68 | 0.78 | 0.81 | 0.9 | 0.69 | 0.76 |
| Return ratios | |||||||
| Return on assets % | — | 1% | 4.4% | 4.2% | 5.1% | 6.1% | 7.3% |
| Return on capital employed % | — | 3.6% | 9.3% | 11.1% | 13.4% | 14.5% | 14.4% |
| Return on equity % | — | 1.9% | 8.7% | 9.4% | 11% | 9.8% | 11.1% |
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.