Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | 78.6% | 37.5% |
| EBITDA margin % | — | 3% | 11.6% |
| EBIT margin % | — | 1% | 10.3% |
| PAT margin % | 4.9% | 2.2% | 7.2% |
| Working capital | |||
| Receivable days | — | 68 | 87 |
| Inventory days | — | 140 | 0 |
| Payable days | — | 626 | 74 |
| NWC days | — | -418 | 14 |
| Leverage | |||
| Current ratio | — | 1.39 | 2.09 |
| Debt to EBITDA | — | 6.61 | 0 |
| Debt to equity | — | 0.51 | 0 |
| Interest coverage | 1.8 | 3.8 | 7.9 |
| Asset turnover | — | 0.75 | 0.9 |
| Return ratios | |||
| Return on assets % | — | 1.7% | 6.5% |
| Return on capital employed % | — | 6.6% | 25.9% |
| Return on equity % | — | 5.9% | 17% |
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.