Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 30.7% | 24% | 37.9% | 38.8% | 92.8% |
| EBITDA margin % | -11.8% | 4.8% | 7.4% | -0.6% | 10% |
| EBIT margin % | -13.5% | 1.4% | 2.2% | -6.4% | 3.5% |
| PAT margin % | 164.3% | 17.6% | 18.2% | 8.9% | 90% |
| Working capital | |||||
| Receivable days | 223 | 413 | 344 | 529 | 145 |
| Inventory days | 13 | 12 | 214 | 290 | 901 |
| Payable days | 88 | 221 | 129 | 314 | 681 |
| NWC days | 148 | 204 | 429 | 505 | 365 |
| Leverage | |||||
| Current ratio | 4.56 | 2.8 | 2.52 | 3.6 | 3.51 |
| Debt to EBITDA | — | 11.38 | 15.34 | — | 0.33 |
| Debt to equity | 0.05 | 0.17 | 0.33 | 0.07 | 0.01 |
| Interest coverage | 14.2 | 11.7 | 3.4 | 2.2 | 7.5 |
| Asset turnover | 0.08 | 0.23 | 0.18 | 0.13 | 0.29 |
| Return ratios | |||||
| Return on assets % | 13.3% | 4% | 3.2% | 1.2% | 25.9% |
| Return on capital employed % | 2.2% | 8.9% | 7.6% | 3.5% | 8.1% |
| Return on equity % | 15% | 5.7% | 5.4% | 1.6% | 31.3% |
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.