Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | 69.8% | 70.3% | 70.1% |
| EBITDA margin % | 1.5% | 7.1% | 3.3% | 9.9% |
| EBIT margin % | -0.1% | 5.5% | 1.1% | 8% |
| PAT margin % | -10.1% | 5.8% | 3.5% | 8.4% |
| Working capital | ||||
| Receivable days | 32 | 30 | 23 | 30 |
| Inventory days | 28 | 77 | 94 | 84 |
| Payable days | — | 185 | 212 | 193 |
| NWC days | — | -77 | -95 | -78 |
| Leverage | ||||
| Current ratio | 2.21 | 2.73 | 2.07 | 1.69 |
| Debt to EBITDA | 0.16 | 0 | 0 | 0 |
| Debt to equity | -0 | 0 | 0 | 0 |
| Interest coverage | 3.1 | 17.3 | 8.1 | 21 |
| Asset turnover | 1.53 | 1.18 | 1.15 | 1.14 |
| Return ratios | ||||
| Return on assets % | -15.5% | 6.8% | 4.1% | 9.6% |
| Return on capital employed % | 3% | 16.4% | 8.1% | 19.5% |
| Return on equity % | 12.7% | 10.1% | 6.2% | 14.2% |
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.