Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 33.9% | 28.6% | 16.3% | 42.5% |
| EBITDA margin % | 22.2% | 24% | ||
| 12.6% |
| 39.1% |
| EBIT margin % | 18.2% | 20.7% | 11.4% | 38.1% |
| PAT margin % | 11.1% | 5.9% | 1.6% | 21% |
| Working capital | ||||
| Receivable days | — | — | — | — |
| Inventory days | 2,194 | 2,523 | 436 | 603 |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 1.53 | 1.35 | 1.77 | 2.08 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | — | — | — | — |
| Interest coverage | 6 | 8.1 | 6 | 9.6 |
| Asset turnover | 0.07 | 0.09 | 0.31 | 0.34 |
| Return ratios | ||||
| Return on assets % | 0.7% | 0.5% | 0.5% | 7.2% |
| Return on capital employed % | 3.6% | 5.9% | 7.1% | 26.8% |
| Return on equity % | — | — | — | — |
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.