Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 68.6% | 68.3% | 69.9% | 70.1% | 69.6% | 69.4% | 69.5% | 70.7% |
| EBITDA margin % | 4% | 15.9% | -1% | 16.8% | 20.4% | 17.2% | 17.1% | 18.4% |
| EBIT margin % | -4.3% | -0.1% | -22.4% | 6% | 12% | 6.8% | 5.7% | 6.5% |
| PAT margin % | -1.8% | -10.7% | -19.5% | 5.4% | 25.5% | 6.8% | 5.2% | 5.1% |
| Working capital | ||||||||
| Receivable days | 6 | 2 | 8 | 7 | 6 | 7 | 5 | 5 |
| Inventory days | 22 | 24 | 47 | 25 | 22 | 22 | 22 | 26 |
| Payable days | 0 | 0 | 263 | 143 | 102 | 76 | 75 | 77 |
| NWC days | 28 | 26 | -208 | -110 | -74 | -47 | -48 | -46 |
| Leverage | ||||||||
| Current ratio | 2.12 | 1.53 | 1.49 | 1.87 | 2.62 | 2.78 | 2.57 | 2.53 |
| Debt to EBITDA | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | 0.4 | -1 | 2 | 4.9 | 3.2 | 3 | 3.3 |
| Asset turnover | 1.21 | 1.02 | 0.45 | 0.74 | 0.78 | 0.79 | 0.78 | 0.84 |
| Return ratios | ||||||||
| Return on assets % | -2.2% | -10.9% | -8.8% | 4% | 20% | 5.4% | 4% | 4.2% |
| Return on capital employed % | -2.2% | 3.7% | -6.2% | 10.6% | 20.4% | 11.2% | 9.7% | 10.4% |
| Return on equity % | -2.9% | -23% | -21.4% | 8.9% | 33.8% | 8.6% | 6.5% | 6.6% |
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.