Consolidated figures
| Ratio | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 98% | 9% | 11.9% | 15.4% | 13.3% |
| EBITDA margin % | -88% | 1.8% | 8.5% | 8.7% | 8.7% |
| EBIT margin % | -92% | 1.7% | 8.2% | 7.8% | 6.8% |
| PAT margin % | 986% | 1.8% | 8.3% | 7.8% | 8.5% |
| Working capital | |||||
| Receivable days | — | 95 | 115 | 121 | 111 |
| Inventory days | — | 0 | 1 | 1 | 0 |
| Payable days | — | 47 | 41 | 63 | 65 |
| NWC days | — | 49 | 76 | 58 | 46 |
| Leverage | |||||
| Current ratio | — | 2.11 | 3.9 | 2.17 | 2.19 |
| Debt to EBITDA | — | 0.08 | 0.08 | 0.12 | 1.46 |
| Debt to equity | — | 0 | 0.01 | 0.01 | 0.14 |
| Interest coverage | 23.4 | 8.9 | 541.5 | 220.8 | 36 |
| Asset turnover | — | 1.77 | 1.01 | 0.81 | 0.8 |
| Return ratios | |||||
| Return on assets % | — | 3.2% | 8.5% | 6.3% | 6.7% |
| Return on capital employed % | — | 5.2% | 13.1% | 9.9% | 10% |
| Return on equity % | — | 5% | 10.2% | 8.1% | 9.3% |
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.