Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 14.5% | 11.1% |
| EBIT margin % | 7.7% | 4.3% |
| PAT margin % | 4.2% | 0.2% |
| Working capital | ||
| Receivable days | 62 | 78 |
| Inventory days | 0 | 0 |
| Payable days | 10 | 9 |
| NWC days | 52 | 69 |
| Leverage | ||
| Current ratio | 1.59 | 1.47 |
| Debt to EBITDA | 0.13 | 0.22 |
| Debt to equity | 0.08 | 0.09 |
| Interest coverage | 5.6 | 2.9 |
| Asset turnover | 1.9 | 1.51 |
| Return ratios | ||
| Return on assets % | 8% | 0.3% |
| Return on capital employed % | 23.7% | 11.8% |
| Return on equity % | 16.6% | 0.7% |
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.