Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 7.2% | 9.1% | 7.7% | 7.4% | 6.2% |
| EBIT margin % | 6.1% | 8% | 6.7% | 6.4% | 4.9% |
| PAT margin % | 2.3% | 4.3% | 3.1% | 2.3% | 1.2% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | — | — | — | — |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | 1.33 | 1.44 | 1.3 | 1.23 | 1.21 |
| Debt to EBITDA | 3.57 | 2.85 | 4.11 | 4.38 | 5.82 |
| Debt to equity | 1.12 | 1 | 1.2 | 1.25 | 1.15 |
| Interest coverage | 1.9 | 3.3 | 2.3 | 1.8 | 1.4 |
| Asset turnover | 1.26 | 1.27 | 1.19 | 1.17 | 1.07 |
| Return ratios | |||||
| Return on assets % | 2.9% | 5.5% | 3.6% | 2.6% | 1.3% |
| Return on capital employed % | 13.3% | 18.3% | 17.2% | 16.8% | 12.8% |
| Return on equity % | 10.1% | 16.8% | 11.5% | 8.7% | 3.8% |
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.