Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 90.6% | 97.1% | — | — |
| EBITDA margin % | 14.9% | 20.8% | 12.9% | 20.1% |
| EBIT margin % | 11.6% | 13.6% | 8.7% | 2.3% |
| PAT margin % | 5.9% | 3.4% | 5.5% | 3% |
| Working capital | ||||
| Receivable days | 168 | 294 | 357 | 360 |
| Inventory days | — | — | — | — |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 1.65 | 1.9 | 1.62 | 2.67 |
| Debt to EBITDA | 6.16 | 15.25 | 16.89 | 1.62 |
| Debt to equity | 0.36 | 0.63 | 0.75 | 0.09 |
| Interest coverage | 2.6 | 1.6 | 1.9 | 2.2 |
| Asset turnover | 0.23 | 0.11 | 0.15 | 0.2 |
| Return ratios | ||||
| Return on assets % | 1.4% | 0.4% | 0.8% | 0.6% |
| Return on capital employed % | 4.1% | 2.4% | 2.4% | 1.6% |
| Return on equity % | 2.3% | 0.7% | 1.9% | 0.8% |
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.