Consolidated figures
| Ratio | Mar 2024 | Mar 2025 |
|---|---|---|
| Margins | ||
| Gross margin % | 18.3% | 30.6% |
| EBITDA margin % | 1% | 11.9% |
| EBIT margin % | -0.9% | 9.6% |
| PAT margin % | -0.2% | 8.7% |
| Working capital | ||
| Receivable days | 40 | 35 |
| Inventory days | 198 | 242 |
| Payable days | 5 | 5 |
| NWC days | 233 | 272 |
| Leverage | ||
| Current ratio | 20.58 | 23.67 |
| Debt to EBITDA | 0 | 0 |
| Debt to equity | 0 | 0 |
| Interest coverage | 13.9 | 131.5 |
| Asset turnover | 0.71 | 0.7 |
| Return ratios | ||
| Return on assets % | -0.1% | 6.1% |
| Return on capital employed % | 0.7% | 9% |
| Return on equity % | -0.1% | 6.3% |
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.