Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 36.5% | 45.2% | 31.3% |
| EBITDA margin % | 5.2% | 24.2% | 16.6% |
| EBIT margin % |
| 4.4% |
| 23.6% |
| 16.3% |
| PAT margin % | 32.5% | 40.1% | 28.2% |
| Working capital | |||
| Receivable days | 9 | 8 | 19 |
| Inventory days | 10 | 73 | 138 |
| Payable days | 9 | 4 | 2 |
| NWC days | 10 | 77 | 155 |
| Leverage | |||
| Current ratio | 24.84 | 29.89 | 17.54 |
| Debt to EBITDA | 6.61 | 0.77 | 2.21 |
| Debt to equity | 0.03 | 0.03 | 0.06 |
| Interest coverage | 284 | 88.5 | 282 |
| Asset turnover | 0.09 | 0.16 | 0.15 |
| Return ratios | |||
| Return on assets % | 3% | 6.4% | 4.2% |
| Return on capital employed % | 3.9% | 9.3% | 7.8% |
| Return on equity % | 3.1% | 6.6% | 4.5% |
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.