Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 20.3% | 12.4% | 8.1% |
| EBITDA margin % | 0.2% | 0.2% | 0.9% |
| EBIT margin % | 0% | -2.2% | -0.7% |
| PAT margin % | -0.6% | 3.7% | 0.4% |
| Working capital | |||
| Receivable days | 109 | 147 | 76 |
| Inventory days | 133 | 101 | 39 |
| Payable days | 36 | 102 | 90 |
| NWC days | 207 | 146 | 26 |
| Leverage | |||
| Current ratio | 15.13 | 2.86 | 1.71 |
| Debt to EBITDA | 64.2 | 52.5 | 26.8 |
| Debt to equity | 0.05 | 0.05 | 0.5 |
| Interest coverage | 1.6 | 5.4 | 1.8 |
| Asset turnover | 0.43 | 0.42 | 1.01 |
| Return ratios | |||
| Return on assets % | -0.2% | 1.5% | 0.4% |
| Return on capital employed % | 1% | 3.3% | 2.8% |
| Return on equity % | -0.3% | 1.9% | 0.8% |
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.