Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | 36.4% |
| EBITDA margin % | 18.2% | 20.6% | ||
| 24.2% |
| 10.2% |
| EBIT margin % | 12.2% | 14.5% | 19.1% | 5.7% |
| PAT margin % | 4.5% | 5.5% | 8.9% | 3.7% |
| Working capital | ||||
| Receivable days | — | — | — | 173 |
| Inventory days | — | — | — | 259 |
| Payable days | — | — | — | 224 |
| NWC days | — | — | — | 208 |
| Leverage | ||||
| Current ratio | — | — | — | 1.44 |
| Debt to EBITDA | — | — | — | 8.26 |
| Debt to equity | — | — | — | 0.65 |
| Interest coverage | 2.5 | 2.1 | 2.7 | 1.6 |
| Asset turnover | — | — | — | 0.27 |
| Return ratios | ||||
| Return on assets % | — | — | — | 1% |
| Return on capital employed % | — | — | — | 3.6% |
| Return on equity % | — | — | — | 2.9% |
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.