Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 36.4% | — | — | — | — | — |
| EBITDA margin % | 2.9% | 13.6% | 11.5% | 13.6% | 7.3% | 6.2% |
| EBIT margin % | -4.8% | 7.3% | 5.1% | 9% | 4% | 2.8% |
| PAT margin % | -58.2% | 8.2% | 6.1% | 9.8% | 4.8% | 2.9% |
| Working capital | ||||||
| Receivable days | — | — | — | — | — | — |
| Inventory days | — | — | — | — | — | — |
| Payable days | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — |
| Leverage | ||||||
| Current ratio | — | 2.04 | 2.31 | 1.88 | 1.75 | 1.63 |
| Debt to EBITDA | — | 0.55 | 1.13 | 1.46 | 2.19 | 3.12 |
| Debt to equity | — | 0.09 | 0.18 | 0.31 | 0.3 | 0.33 |
| Interest coverage | -17.8 | 65.8 | 7.6 | 6.7 | 4.2 | 2.5 |
| Asset turnover | — | 0.82 | 0.94 | 0.89 | 1.03 | 0.95 |
| Return ratios | ||||||
| Return on assets % | — | 6.7% | 5.8% | 8.8% | 5% | 2.7% |
| Return on capital employed % | — | 9.5% | 9.2% | 18.1% | 10.9% | 7.1% |
| Return on equity % | — | 10.3% | 8.4% | 15.4% | 9.1% | 4.9% |
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.