Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 39% | 41.1% | 56.4% | — | 42.2% | 37.4% |
| EBIT margin % | -15.6% | 5.9% | 29.8% | — | 25.8% | 25.1% |
| PAT margin % | -10% | 8.8% | 24.6% | 20% | 20% | 17.2% |
| Working capital | ||||||
| Receivable days | — | 132 | 112 | — | 144 | 145 |
| Inventory days | — | 9 | 8 | — | 5 | 3 |
| Payable days | — | 38 | 32 | — | 66 | 71 |
| NWC days | — | 102 | 89 | — | 82 | 77 |
| Leverage | ||||||
| Current ratio | — | 2.02 | 1.55 | — | 1.74 | 1.77 |
| Debt to EBITDA | — | 1.21 | 0.71 | — | 1.33 | 1.68 |
| Debt to equity | — | 0.23 | 0.22 | — | 0.38 | 0.51 |
| Interest coverage | -0.2 | 3.3 | 9.9 | -3.4 | 9.4 | 8.1 |
| Asset turnover | — | 0.35 | 0.41 | — | 0.44 | 0.46 |
| Return ratios | ||||||
| Return on assets % | — | 3% | 10% | — | 8.9% | 7.9% |
| Return on capital employed % | — | 6.5% | 17.8% | — | 17% | 18% |
| Return on equity % | — | 4% | 13.3% | — | 13.7% | 14.1% |
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.