Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 76.9% | 97.5% | 97.9% |
| EBITDA margin % | 28.9% | 33.3% | 36.8% |
Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 76.9% | 97.5% | 97.9% |
| EBITDA margin % | 28.9% | 33.3% | 36.8% |
| EBIT margin % |
| 5.8% |
| 10.5% |
| 11.1% |
| PAT margin % | -2.1% | 5.6% | 4.7% |
| Working capital | |||
| Receivable days | 50 | 54 | 52 |
| Inventory days | 0 | 1 | 8 |
| Payable days | 244 | 2,479 | 3,538 |
| NWC days | -194 | -2,425 | -3,479 |
| Leverage | |||
| Current ratio | 0.65 | 0.71 | 0.68 |
| Debt to EBITDA | 0.13 | 0.06 | 0.09 |
| Debt to equity | 0.13 | 0.05 | 0.09 |
| Interest coverage | 0.8 | 1.3 | 1.4 |
| Asset turnover | 0.61 | 0.48 | 0.51 |
| Return ratios | |||
| Return on assets % | -1.3% | 2.7% | 2.4% |
| Return on capital employed % | 8% | 13.2% | 14% |
| Return on equity % | -7% | 14.8% | 12.8% |
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.