Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | 98.2% | 75.5% | — | — | — |
| EBITDA margin % | -14.2% | 45% | 33.8% | 26.8% | 36% | 15.5% | 8.5% |
| EBIT margin % | -16.5% | 43.5% | 32.3% | 25.1% | 34.8% | 14.5% | 6.5% |
| PAT margin % | 0.2% | 32.1% | 30.4% | 19% | 20.2% | 3.4% | 8.2% |
| Working capital | |||||||
| Receivable days | — | — | 48 | — | — | — | — |
| Inventory days | — | — | 57 | 0 | 0 | 0 | 33 |
| Payable days | — | — | 19,701 | — | — | — | — |
| NWC days | — | — | -19,596 | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | 3.41 | — | — | — | — |
| Debt to EBITDA | — | 1.97 | 1.71 | — | 1.42 | 3.66 | 9.41 |
| Debt to equity | — | — | 0.13 | — | 0.14 | 0.13 | 0.14 |
| Interest coverage | 1 | 26 | 15.8 | 7.6 | 10.4 | 2.4 | 2.5 |
| Asset turnover | — | — | 0.17 | 0.18 | 0.18 | 0.16 | 0.13 |
| Return ratios | |||||||
| Return on assets % | — | — | 5.1% | 3.3% | 3.7% | 0.6% | 1% |
| Return on capital employed % | — | — | 9.6% | — | — | — | — |
| Return on equity % | — | — | 7% | 4.4% | 5.4% | 0.8% | 1.4% |
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.