Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 36.2% | 34.2% | 47.6% | 40.7% |
| EBITDA margin % | 19.7% | 18.4% | 17.1% | 21.8% |
| EBIT margin % | 18.6% | 16.2% | 10.8% | 17.1% |
| PAT margin % | 19% | 14.2% | 13.5% | 14.8% |
| Working capital | ||||
| Receivable days | — | — | — | — |
| Inventory days | 129 | 156 | 226 | 174 |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 4.43 | 2.57 | 1.69 | 1.59 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | — | — | — | — |
| Interest coverage | 15 | 15.5 | 4.4 | 7.6 |
| Asset turnover | 0.54 | 0.51 | 0.56 | 0.54 |
| Return ratios | ||||
| Return on assets % | 10.2% | 7.3% | 7.5% | 8% |
| Return on capital employed % | 14.7% | 16.2% | 20.8% | 24.9% |
| Return on equity % | — | — | — | — |
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.