Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 10.3% | 16% | 7.4% | 8.8% | 13.1% |
| EBIT margin % | 7.5% | 13.8% | 5.1% | 6.7% | 11.2% |
| PAT margin % | 7.7% | 13.2% | 2.3% | 5.4% | 7.9% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | — | — | — | — |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | 1.35 | 4.24 | 2.43 | 2.92 | 3.13 |
| Debt to EBITDA | 5.23 | 1.6 | 3.78 | 2.2 | 0.24 |
| Debt to equity | 1.34 | 0.57 | 0.16 | 0.12 | 0.02 |
| Interest coverage | 2.6 | 5.3 | 1.8 | 3.4 | 11.9 |
| Asset turnover | 0.91 | 1.21 | 0.46 | 0.51 | 0.59 |
| Return ratios | |||||
| Return on assets % | 7% | 16% | 1.1% | 2.7% | 4.7% |
| Return on capital employed % | 15.8% | 23.4% | 3.7% | 4.2% | 7.2% |
| Return on equity % | 19.2% | 29.5% | 1.3% | 3.3% | 5.3% |
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.