Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 54.9% | 36.9% | 39.9% | 36.9% | 35.8% |
| EBITDA margin % | 42.5% | 16% | 16.5% | 15.4% | 17.5% |
| EBIT margin % | 40.7% | 12.6% | 12.5% | 12.4% | 15% |
| PAT margin % | 28.6% | 8.6% | 7.2% | 8.9% | 10.5% |
| Working capital | |||||
| Receivable days | 88 | 104 | 153 | 167 | 132 |
| Inventory days | 533 | 656 | 897 | 531 | 454 |
| Payable days | 34 | 66 | 268 | 86 | 33 |
| NWC days | 587 | 694 | 781 | 612 | 553 |
| Leverage | |||||
| Current ratio | 5.16 | 6.77 | 2.78 | 3.78 | 10.06 |
| Debt to EBITDA | 0.24 | 0.26 | 1.52 | 1.22 | 0.09 |
| Debt to equity | 0.07 | 0.02 | 0.13 | 0.12 | 0.01 |
| Interest coverage | 86.1 | 18.8 | 5.6 | 8.3 | 8.5 |
| Asset turnover | 0.62 | 0.43 | 0.36 | 0.5 | 0.59 |
| Return ratios | |||||
| Return on assets % | 17.8% | 3.6% | 2.6% | 4.5% | 6.2% |
| Return on capital employed % | 29.5% | 6.3% | 6.5% | 8.5% | 10.9% |
| Return on equity % | 20.9% | 4.2% | 3.7% | 5.7% | 6.8% |
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.