Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | 93.6% |
| EBITDA margin % | — | — | ||
| — |
| 37.5% |
| EBIT margin % | — | — | — | 30.8% |
| PAT margin % | 1% | 15.8% | 19.1% | 21.8% |
| Working capital | ||||
| Receivable days | 110 | 151 | 222 | — |
| Inventory days | 10 | 7 | 4 | 24 |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 1.01 | 1.63 | 1.97 | 4 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | 1.4 | 0.98 | 0.69 | — |
| Interest coverage | -1.8 | -1.8 | -1.9 | 14.3 |
| Asset turnover | 0.96 | 0.96 | 0.85 | 0.58 |
| Return ratios | ||||
| Return on assets % | 0.9% | 15.2% | 16.3% | 12.6% |
| Return on capital employed % | -9% | -9.6% | -8.3% | 29.9% |
| Return on equity % | 3.1% | 39.7% | 33.8% | — |
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.