Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 52.3% | 52.3% | 51.6% | 52.2% |
| EBITDA margin % | — | 3.8% | 3.4% | 4.1% |
| EBIT margin % | — | 3% | 2.5% | 3.1% |
| PAT margin % | 2.3% | 2.3% | 2.2% | 2.3% |
| Working capital | ||||
| Receivable days | — | 27 | 26 | 26 |
| Inventory days | — | 168 | 137 | 161 |
| Payable days | — | 98 | 47 | 51 |
| NWC days | — | 96 | 117 | 136 |
| Leverage | ||||
| Current ratio | — | 1.84 | 2.1 | 2.18 |
| Debt to EBITDA | — | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 |
| Interest coverage | -2.4 | 28.8 | 35.5 | 22.6 |
| Asset turnover | 3.86 | 1.21 | 1.28 | 1.21 |
| Return ratios | ||||
| Return on assets % | 9% | 2.8% | 2.8% | 2.8% |
| Return on capital employed % | — | 5.7% | 5.2% | 5.3% |
| Return on equity % | — | 3.9% | 3.6% | 3.7% |
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.