Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 81.2% | 81.5% | 79.4% |
| EBITDA margin % | — | — | — |
| EBIT margin % | — | — | — |
| PAT margin % | 20.3% | 29.1% | 27.9% |
| Working capital | |||
| Receivable days | 186 | 107 | 102 |
| Inventory days | 2 | 10 | 28 |
| Payable days | — | — | — |
| NWC days | — | — | — |
| Leverage | |||
| Current ratio | 1.28 | 1.58 | 1.26 |
| Debt to EBITDA | — | — | — |
| Debt to equity | 0.48 | 0.3 | 0.34 |
| Interest coverage | -2.3 | -3.2 | -4.8 |
| Asset turnover | 0.72 | 0.68 | 0.67 |
| Return ratios | |||
| Return on assets % | 14.6% | 19.7% | 18.6% |
| Return on capital employed % | -12.2% | -10.5% | -11.3% |
| Return on equity % | 28.9% | 31.1% | 32.7% |
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.