Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 6.7% | 8.9% | 5.9% |
| EBIT margin % | 4.7% | 7.7% | 4.7% |
| PAT margin % | 11.1% | 6.6% | 5.8% |
| Working capital | |||
| Receivable days | 15 | 15 | 14 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 34 | 45 | 61 |
| NWC days | -19 | -31 | -47 |
| Leverage | |||
| Current ratio | 1.51 | 2.19 | 2.92 |
| Debt to EBITDA | 0.91 | 0.4 | 0.34 |
| Debt to equity | 0.09 | 0.05 | 0.01 |
| Interest coverage | 13.9 | 38 | 38.6 |
| Asset turnover | 1.04 | 1.01 | 0.48 |
| Return ratios | |||
| Return on assets % | 11.6% | 6.7% | 2.8% |
| Return on capital employed % | 8.8% | 16.1% | 7.6% |
| Return on equity % | 16.4% | 9.5% | 3.5% |
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.