Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 49.5% | 57.7% | 57.2% |
| EBIT margin % | 49.5% | 57.6% | 57.2% |
| PAT margin % | 15.8% | 17.4% | 13.4% |
| Working capital | |||
| Receivable days | 2 | 3 | 5 |
| Inventory days | — | — | — |
| Payable days | — | — | — |
| NWC days | — | — | — |
| Leverage | |||
| Current ratio | — | — | — |
| Debt to EBITDA | 8.94 | 9.1 | 9.38 |
| Debt to equity | 4.8 | 5.41 | 5.52 |
| Interest coverage | 1.7 | 1.7 | 1.5 |
| Asset turnover | 0.18 | 0.15 | 0.15 |
| Return ratios | |||
| Return on assets % | 2.8% | 2.7% | 2% |
| Return on capital employed % | — | — | — |
| Return on equity % | 17.1% | 17.9% | 13.8% |
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.