Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 86% | 88.6% | 90% | — | -7.1% | 92.9% |
| EBITDA margin % | 57.3% | 55.7% | -110% | — | -207.1% | 30.6% |
| EBIT margin % | 56.7% | 55% | -111.4% | — | -207.1% | 30.6% |
| PAT margin % | 106.7% | 83.2% | -5.7% | — | 903.6% | 123.5% |
| Working capital | ||||||
| Receivable days | 117 | 130 | 266 | — | 287 | 125 |
| Inventory days | 2,399 | 2,598 | 5,944 | — | 1,010 | 4,684 |
| Payable days | 17 | 0 | 52 | — | 37 | 243 |
| NWC days | 2,498 | 2,728 | 6,158 | — | 1,260 | 4,565 |
| Leverage | ||||||
| Current ratio | 3.03 | 1.96 | 6 | 4.74 | 2.04 | 1.72 |
| Debt to EBITDA | 0 | 0 | — | — | — | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | — |
| Asset turnover | 0.11 | 0.1 | 0.05 | 0 | 0.02 | 0.04 |
| Return ratios | ||||||
| Return on assets % | 12% | 8.3% | -0.3% | 0.9% | 14.4% | 5.5% |
| Return on capital employed % | 11.5% | 10.8% | -1% | 1.6% | 19.9% | 7.7% |
| Return on equity % | 13% | 9.1% | -0.3% | 1% | 15.6% | 6.1% |
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.