Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 84.8% | 80.8% | 80.2% | 80.6% | 81.6% |
| EBITDA margin % | 24.7% | 24.7% | 20.7% | 16.1% | 14.9% |
| EBIT margin % | 23% | 23.3% | 19% | 6.8% | 11.8% |
| PAT margin % | 31.7% | 20.7% | 34% | -29.8% | 19.7% |
| Working capital | |||||
| Receivable days | 19 | 10 | 15 | 14 | 19 |
| Inventory days | 4 | 4 | 4 | 29 | 30 |
| Payable days | 767 | 471 | 361 | 336 | 0 |
| NWC days | -744 | -456 | -342 | -292 | 50 |
| Leverage | |||||
| Current ratio | 2.62 | 2.85 | 4.76 | 2.73 | 4.42 |
| Debt to EBITDA | 0 | 0.32 | 0.32 | 0.32 | 0.25 |
| Debt to equity | 0 | 0.03 | 0.02 | 0.02 | 0.02 |
| Interest coverage | — | 151 | 76.2 | 38.7 | 53.6 |
| Asset turnover | 0.2 | 0.27 | 0.28 | 0.31 | 0.35 |
| Return ratios | |||||
| Return on assets % | 6.4% | 5.5% | 9.4% | -9.3% | 6.8% |
| Return on capital employed % | 10.7% | 11.9% | 16.3% | 9.2% | 8.9% |
| Return on equity % | 8.1% | 7.3% | 11.5% | -11.6% | 8.4% |
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.