Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 92.4% | — | — | — |
| EBITDA margin % | 40.8% | 38% | 35.7% | 40.3% |
| EBIT margin % | 28.6% | 26.9% | 24.1% | 29.6% |
| PAT margin % | -0.2% | 2.9% | 7.6% | 13.5% |
| Working capital | ||||
| Receivable days | 24 | 27 | 21 | 19 |
| Inventory days | 55 | 7 | 6 | 6 |
| Payable days | 568 | 128 | 57 | 57 |
| NWC days | -489 | -94 | -30 | -32 |
| Leverage | ||||
| Current ratio | 0.42 | 0.65 | 1.43 | 0.66 |
| Debt to EBITDA | 7.52 | 2.69 | 3.03 | 1.75 |
| Debt to equity | 5.77 | 0.32 | 0.37 | 0.26 |
| Interest coverage | 0.9 | 0.9 | 2.4 | 3.4 |
| Asset turnover | 0.22 | 0.19 | 0.21 | 0.24 |
| Return ratios | ||||
| Return on assets % | -0% | 0.6% | 1.6% | 3.3% |
| Return on capital employed % | 8.5% | 7.2% | 6.8% | 8.1% |
| Return on equity % | -0.4% | 0.9% | 2.6% | 4.9% |
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.