Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 24.6% | 20.1% | 38.1% | 27.7% | 30.2% | 33.3% |
| EBIT margin % | 15.4% | 11.7% | 31% | 19.2% | 20.2% | 23.7% |
| PAT margin % | 23.9% | 15% | 26.3% | 18.7% | 20.2% | 24.1% |
| Working capital | ||||||
| Receivable days | 47 | — | — | — | — | — |
| Inventory days | 83 | — | — | — | — | — |
| Payable days | 19 | — | — | — | — | — |
| NWC days | 111 | — | — | — | — | — |
| Leverage | ||||||
| Current ratio | — | 4.68 | 3.81 | 3.66 | 4.11 | 3.56 |
| Debt to EBITDA | — | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | 708.1 | — | — | — |
| Asset turnover | 0.31 | 0.35 | 0.56 | 0.5 | 0.5 | 0.49 |
| Return ratios | ||||||
| Return on assets % | 7.5% | 5.2% | 14.6% | 9.3% | 10.2% | 11.9% |
| Return on capital employed % | — | 8.3% | 20.6% | 14.8% | 16% | 18.4% |
| Return on equity % | 9% | 6.3% | 17.6% | 11.2% | 12% | 14.5% |
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.