Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 4.3% | 4.6% | 4.6% |
| EBITDA margin % | 2% | 2.3% | 2% |
| EBIT margin % |
| 1.9% |
| 1.7% |
| 1.7% |
| PAT margin % | 1% | 0.8% | 1.1% |
| Working capital | |||
| Receivable days | 117 | 42 | 12 |
| Inventory days | 42 | 74 | 71 |
| Payable days | 30 | 33 | 5 |
| NWC days | 128 | 82 | 78 |
| Leverage | |||
| Current ratio | 6.07 | 5.4 | 4.47 |
| Debt to EBITDA | 2 | 1.23 | 0.31 |
| Debt to equity | 0.08 | 0.05 | 0.01 |
| Interest coverage | 4 | 3.9 | 10.5 |
| Asset turnover | 1.5 | 1.48 | 1.81 |
| Return ratios | |||
| Return on assets % | 1.6% | 1.1% | 1.9% |
| Return on capital employed % | 3.4% | 3.1% | 3.4% |
| Return on equity % | 1.9% | 1.4% | 2.4% |
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.