Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 84.5% | 83.6% | 82.3% | 56.1% | 50.6% | 59.2% | 84.9% |
| EBITDA margin % | 18.8% | 22.7% | 21.1% | 16.2% | 18.5% | 18.6% | 24% |
| EBIT margin % | 10.7% | 15.1% | 14.7% | 10.5% | 11.9% | 13.3% | 19.3% |
| PAT margin % | 3.9% | 9.9% | 9.3% | 7.2% | 7.1% | 9.1% | 13.6% |
| Working capital | |||||||
| Receivable days | — | — | — | 165 | 157 | 155 | 175 |
| Inventory days | — | — | — | 277 | 241 | 230 | 508 |
| Payable days | — | — | — | 63 | 36 | 93 | 232 |
| NWC days | — | — | — | 379 | 362 | 292 | 452 |
| Leverage | |||||||
| Current ratio | — | — | — | 1.88 | 1.65 | 2.1 | 1.84 |
| Debt to EBITDA | — | — | — | 3.09 | 3.69 | 1.88 | 1.35 |
| Debt to equity | — | — | — | 0.55 | 0.75 | 0.37 | 0.39 |
| Interest coverage | 2.1 | 3.5 | 4.1 | 2.9 | 2.1 | 3.3 | 6 |
| Asset turnover | — | — | — | 0.63 | 0.57 | 0.65 | 0.73 |
| Return ratios | |||||||
| Return on assets % | — | — | — | 4.5% | 4% | 6% | 9.9% |
| Return on capital employed % | — | — | — | 12.8% | 12.5% | 16.5% | 24.2% |
| Return on equity % | — | — | — | 7.9% | 7.7% | 9.6% | 16.2% |
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.