Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 6.4% | 2.3% | 6% | 9.7% |
| EBITDA margin % | 4.4% | 0.4% | ||
| 3.9% |
| 5.9% |
| EBIT margin % | 4.2% | 0.2% | 3.7% | 5.6% |
| PAT margin % | 2.1% | -1.6% | 1.4% | 2.9% |
| Working capital | ||||
| Receivable days | 11 | 24 | 19 | 51 |
| Inventory days | 147 | 115 | 103 | 134 |
| Payable days | 4 | 4 | 7 | 9 |
| NWC days | 154 | 135 | 115 | 176 |
| Leverage | ||||
| Current ratio | 1.49 | 1.35 | 1.56 | 1.49 |
| Debt to EBITDA | 3.45 | 63.86 | 4.38 | 4.25 |
| Debt to equity | 0.92 | 1.59 | 0.96 | 1.21 |
| Interest coverage | 3.1 | 0.1 | 2.2 | 3.1 |
| Asset turnover | 2.13 | 2.17 | 2.34 | 1.77 |
| Return ratios | ||||
| Return on assets % | 4.5% | -3.4% | 3.4% | 5.1% |
| Return on capital employed % | 24.9% | 1.3% | 21.6% | 28.5% |
| Return on equity % | 12.9% | -10.3% | 8.1% | 14.2% |
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.