Consolidated figures
| Ratio | Mar 2024 | Mar 2025 |
|---|---|---|
| Margins | ||
| Gross margin % | 26.1% | 28.5% |
| EBITDA margin % | 6.9% | 8.7% |
| EBIT margin % | 4.5% | 6.4% |
| PAT margin % | 2.1% | 4.3% |
| Working capital | ||
| Receivable days | 67 | 71 |
| Inventory days | 56 | 76 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 1.19 | 1.34 |
| Debt to EBITDA | 1.36 | 1.15 |
| Debt to equity | 0.25 | 0.27 |
| Interest coverage | 4.6 | 8.2 |
| Asset turnover | 1.4 | 1.4 |
| Return ratios | ||
| Return on assets % | 2.9% | 6% |
| Return on capital employed % | 12.7% | 16.1% |
| Return on equity % | 5.6% | 11.9% |
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.