Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 96.9% | 55.3% | 59.8% | 62.9% | 54.7% |
| EBITDA margin % | |||||
| 13.4% |
| 16.2% |
| 15% |
| 13.7% |
| 11.8% |
| EBIT margin % | 12.3% | 15.2% | 14% | 12.6% | 10.9% |
| PAT margin % | -24.2% | 11.6% | 11.9% | 10.6% | 9.4% |
| Working capital | |||||
| Receivable days | 112 | 118 | 103 | 89 | 70 |
| Inventory days | 9,406 | 564 | 629 | 910 | 816 |
| Payable days | 1,826 | 75 | 118 | 214 | 238 |
| NWC days | 7,692 | 606 | 615 | 785 | 649 |
| Leverage | |||||
| Current ratio | 2.41 | 2.41 | 2.18 | 1.89 | 1.97 |
| Debt to EBITDA | 2.5 | 2.16 | 2.12 | 2.46 | 2.64 |
| Debt to equity | 0.17 | 0.18 | 0.17 | 0.19 | 0.2 |
| Interest coverage | 3.4 | 4.6 | 5.2 | 4.8 | 3.5 |
| Asset turnover | 0.38 | 0.38 | 0.38 | 0.36 | 0.41 |
| Return ratios | |||||
| Return on assets % | -9.1% | 4.4% | 4.5% | 3.8% | 3.8% |
| Return on capital employed % | 6.6% | 8.3% | 7.9% | 7.9% | 8.3% |
| Return on equity % | -12.4% | 6.1% | 6.5% | 6% | 6.1% |
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.