Consolidated figures
| Ratio | Mar 2024 | Mar 2025 |
|---|---|---|
| Margins | ||
| Gross margin % | 16.5% | 17.1% |
| EBITDA margin % | 5.4% | 8.8% |
| EBIT margin % | 5.3% | 8.3% |
| PAT margin % | 3.1% | 5.6% |
| Working capital | ||
| Receivable days | 76 | 112 |
| Inventory days | 0 | 0 |
| Payable days | 33 | 60 |
| NWC days | 42 | 52 |
| Leverage | ||
| Current ratio | 1.52 | 1.64 |
| Debt to EBITDA | 2.37 | 1.28 |
| Debt to equity | 0.83 | 0.74 |
| Interest coverage | 5 | 8.8 |
| Asset turnover | 2.6 | 2.27 |
| Return ratios | ||
| Return on assets % | 8.2% | 12.6% |
| Return on capital employed % | 26.7% | 48.8% |
| Return on equity % | 20.4% | 36.3% |
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.