Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 59.1% | 67.1% | 70.1% | 70% | 57.8% | 57.6% | 52.5% |
| EBITDA margin % | 0.2% | 4.5% | 7.2% | 7.2% | 3.1% | 5.6% | 4.2% |
| EBIT margin % | -1.1% | 3.2% | 5.7% | 5.6% | 1.3% | 4.1% | 2.9% |
| PAT margin % | -0.2% | 2.5% | 5.9% | 9.7% | 3.6% | 4.3% | 3.2% |
| Working capital | |||||||
| Receivable days | — | — | — | 29 | 32 | 37 | 44 |
| Inventory days | — | — | — | 279 | 206 | 307 | 272 |
| Payable days | — | — | — | 49 | 28 | 33 | 30 |
| NWC days | — | — | — | 260 | 209 | 311 | 287 |
| Leverage | |||||||
| Current ratio | — | — | — | 2.37 | 2.4 | 1.83 | 1.84 |
| Debt to EBITDA | — | — | — | 0.66 | 2.28 | 3.53 | 4.29 |
| Debt to equity | — | — | — | 0.08 | 0.11 | 0.35 | 0.38 |
| Interest coverage | 0.9 | 3.4 | 6.5 | 13.5 | 3.8 | 5 | 2.5 |
| Asset turnover | — | — | — | 1.2 | 1.18 | 1.08 | 1.25 |
| Return ratios | |||||||
| Return on assets % | — | — | — | 11.6% | 4.3% | 4.7% | 4% |
| Return on capital employed % | — | — | — | 11.5% | 7% | 10.4% | 8.5% |
| Return on equity % | — | — | — | 16.2% | 5.8% | 7.5% | 6.6% |
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.