Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 41.4% | 34.7% | 25.2% | 26.9% | 40.7% |
| EBITDA margin % | 0.2% | 4.3% | 2.8% | 0.3% | -17.4% |
| EBIT margin % | 0.2% | 4.3% | 2.8% | 0.3% | -17.4% |
| PAT margin % | 122.6% | 89% | -32.5% | 89.6% | 89% |
| Working capital | |||||
| Receivable days | 4 | 17 | 4 | 16 | 0 |
| Inventory days | 67 | 47 | 33 | 15 | 64 |
| Payable days | 1 | 1 | 29 | 24 | 10 |
| NWC days | 70 | 63 | 8 | 6 | 54 |
| Leverage | |||||
| Current ratio | 28.04 | 10.16 | 6.08 | 11.47 | 38.62 |
| Debt to EBITDA | 0 | 0.1 | 0 | 0 | — |
| Debt to equity | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | 58 | 203 | 168 | 46.7 |
| Asset turnover | 0.05 | 0.12 | 0.08 | 0.09 | 0.05 |
| Return ratios | |||||
| Return on assets % | 5.7% | 11% | -2.6% | 7.7% | 4.2% |
| Return on capital employed % | 1% | 1.2% | 1.3% | 1.1% | 0.8% |
| Return on equity % | 5.8% | 11.1% | -2.7% | 7.8% | 4.2% |
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.