Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 53.6% | 65.2% | 58.2% |
| EBITDA margin % | 10.3% | -0.1% | -7.2% |
| EBIT margin % | 6.7% | -6.3% | -13.9% |
| PAT margin % | 3.6% | -8.2% | -2.2% |
| Working capital | |||
| Receivable days | 63 | 144 | 126 |
| Inventory days | 113 | 220 | 110 |
| Payable days | 45 | 70 | 54 |
| NWC days | 130 | 294 | 181 |
| Leverage | |||
| Current ratio | 9.42 | 11.41 | 17.24 |
| Debt to EBITDA | 0 | — | — |
| Debt to equity | 0 | 0 | 0 |
| Interest coverage | — | — | -41 |
| Asset turnover | 0.39 | 0.21 | 0.2 |
| Return ratios | |||
| Return on assets % | 1.4% | -1.8% | -0.5% |
| Return on capital employed % | 4.1% | -1% | -0.7% |
| Return on equity % | 1.5% | -1.9% | -0.5% |
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.