Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | -1.4% | 10% | 12.9% | 11.8% | 13.7% |
| EBIT margin % | -4.6% | 8.1% | 10.4% | 10% | 12.2% |
| PAT margin % | -11% | 7% | 9.5% | 5.1% | 8.3% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | — | — | — | — |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | 0.07 | 0.08 | 0.29 | 0.37 | 0.43 |
| Debt to EBITDA | — | 16.28 | 6.96 | 3.73 | 1.76 |
| Debt to equity | -1.2 | -1.93 | -2.78 | -4.26 | 8.03 |
| Interest coverage | -0.6 | 4 | 2.8 | 2.9 | 4.6 |
| Asset turnover | 0.45 | 0.66 | 0.83 | 1.77 | 2.28 |
| Return ratios | |||||
| Return on assets % | -4.9% | 4.6% | 7.8% | 9.1% | 19% |
| Return on capital employed % | 3.3% | -18.4% | 31.9% | 49.7% | 51.3% |
| Return on equity % | 4.8% | -8.3% | -29.4% | -49.4% | 276.7% |
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.