Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 1.7% | 2% | 8.3% | 1% | 0.9% |
| EBITDA margin % | — | -1.6% | -0.6% | 1.5% | -1.7% | -1.7% |
| EBIT margin % | — | -1.6% | -0.7% | 1.5% | -1.7% | -1.7% |
| PAT margin % | — | 4.8% | 5.9% | 6% | 6.2% | 6.8% |
| Working capital | ||||||
| Receivable days | — | — | 0 | 30 | 0 | 44 |
| Inventory days | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | 0 | 0 | 0 | 0 |
| NWC days | — | — | 0 | 30 | -0 | 44 |
| Leverage | ||||||
| Current ratio | — | — | 7.3 | 5.67 | 4.48 | 5.21 |
| Debt to EBITDA | — | — | — | 19.21 | — | — |
| Debt to equity | — | — | 0 | 0.29 | 0.43 | 0.39 |
| Interest coverage | — | — | 12.5 | 12.2 | 3.4 | 3.2 |
| Asset turnover | — | — | 0.64 | 0.68 | 0.48 | 0.47 |
| Return ratios | ||||||
| Return on assets % | — | — | 3.7% | 4.1% | 3% | 3.2% |
| Return on capital employed % | — | — | 6.4% | 8% | 8% | 7.7% |
| Return on equity % | — | — | 4.7% | 5.9% | 5.1% | 5.2% |
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.