Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 93.3% | 24.4% | 30.2% |
| EBITDA margin % | 4.5% | 4.9% | 5.8% |
| EBIT margin % |
| 3.2% |
| 3.3% |
| 3.8% |
| PAT margin % | 1.4% | 2.2% | 2.7% |
| Working capital | |||
| Receivable days | — | 9 | 5 |
| Inventory days | — | 88 | 111 |
| Payable days | — | 3 | 4 |
| NWC days | — | 95 | 112 |
| Leverage | |||
| Current ratio | — | 1.56 | 1.85 |
| Debt to EBITDA | — | 2.5 | 1.37 |
| Debt to equity | — | 0.3 | 0.15 |
| Interest coverage | 1.8 | 3.4 | 4.2 |
| Asset turnover | — | 1.59 | 1.36 |
| Return ratios | |||
| Return on assets % | — | 3.5% | 3.7% |
| Return on capital employed % | — | 7.7% | 7.6% |
| Return on equity % | — | 5.2% | 5.1% |
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.