Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 52.9% | 12.9% | 49.8% |
| EBITDA margin % | 36.3% | 0.5% | 24% |
| EBIT margin % | 34.9% | -0.5% | 22.8% |
| PAT margin % | 33.6% | 0.7% | 15.7% |
| Working capital | |||
| Receivable days | 7 | 3 | 21 |
| Inventory days | 363 | 112 | 545 |
| Payable days | 0 | 1 | 7 |
| NWC days | 369 | 115 | 559 |
| Leverage | |||
| Current ratio | 4.99 | 12.74 | 7.09 |
| Debt to EBITDA | 0 | 3.73 | 0.24 |
| Debt to equity | 0 | 0.03 | 0.04 |
| Interest coverage | 260 | 10 | 21.2 |
| Asset turnover | 0.62 | 0.96 | 0.52 |
| Return ratios | |||
| Return on assets % | 20.7% | 0.7% | 8.1% |
| Return on capital employed % | 29.3% | 2.7% | 14.1% |
| Return on equity % | 33.7% | 0.9% | 11.3% |
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.