Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 8.5% | 15.2% |
| EBITDA margin % | 5.8% | 11.1% |
| EBIT margin % | 5.6% | 10.9% |
| PAT margin % | 3.1% | 6.7% |
| Working capital | ||
| Receivable days | — | 108 |
| Inventory days | 0 | 73 |
| Payable days | — | 24 |
| NWC days | — | 157 |
| Leverage | ||
| Current ratio | 2.2 | 2.3 |
| Debt to EBITDA | — | 2.47 |
| Debt to equity | — | 0.49 |
| Interest coverage | 3.8 | 4.3 |
| Asset turnover | 1.65 | 0.86 |
| Return ratios | ||
| Return on assets % | 5% | 5.7% |
| Return on capital employed % | 14.4% | 20.6% |
| Return on equity % | — | 11.9% |
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.