Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 18.7% | 24.8% | 18% | 21% | 27.5% | 27.8% |
| EBITDA margin % | 3.7% | 11% | 9% | 10.6% | 16.2% | 16.2% |
| EBIT margin % | 2.1% | 9.5% | 6.5% | 7.9% | 13.4% | 13.3% |
| PAT margin % | 2.6% | 8.1% | 3.5% | 5.3% | 9.3% | 11% |
| Working capital | ||||||
| Receivable days | — | 18 | 12 | 9 | 8 | 15 |
| Inventory days | — | 66 | 48 | 48 | 51 | 63 |
| Payable days | — | 18 | 7 | 6 | 11 | 20 |
| NWC days | — | 66 | 53 | 51 | 48 | 58 |
| Leverage | ||||||
| Current ratio | — | 1.22 | 1.85 | 2.24 | 3.35 | 2.95 |
| Debt to EBITDA | — | 1.03 | 1.48 | 1.03 | 0.54 | 0.76 |
| Debt to equity | — | 0.15 | 0.24 | 0.19 | 0.13 | 0.17 |
| Interest coverage | 3 | 10.1 | 9.8 | 12 | 26.8 | 15.5 |
| Asset turnover | — | 1.08 | 1.38 | 1.35 | 1.21 | 1.03 |
| Return ratios | ||||||
| Return on assets % | — | 8.8% | 4.8% | 7.2% | 11.3% | 11.3% |
| Return on capital employed % | — | 12.9% | 16.9% | 13.4% | 20.3% | 19.2% |
| Return on equity % | — | 11% | 6.3% | 9.2% | 14.1% | 14.6% |
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.