Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 31% | 30.3% | 31.5% | 31.8% | 28.9% | 29.3% | 32.7% |
| EBITDA margin % | 15.4% | 16.8% | 19% | 15.3% | 8% | -7.1% | -1.5% |
| EBIT margin % | 14.3% | 15.6% | 18.2% | 14.6% | 7.3% | -7.6% | -2.2% |
| PAT margin % | 70.3% | 72.9% | 915.9% | -102.9% | -605.1% | 353.7% | -425.7% |
| Working capital | |||||||
| Receivable days | 15 | 12 | 17 | 13 | 24 | 18 | 7 |
| Inventory days | 65 | 64 | 137 | 150 | 107 | 121 | 55 |
| Payable days | 16 | 15 | 12 | 11 | 7 | 12 | 11 |
| NWC days | 64 | 61 | 142 | 153 | 123 | 127 | 51 |
| Leverage | |||||||
| Current ratio | 41.22 | 71.8 | 69.52 | 254.66 | 376.02 | 181.43 | 260.83 |
| Debt to EBITDA | — | 0 | 0 | 0 | 0 | — | — |
| Debt to equity | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 2,014 | — | — | — | — | — | — |
| Asset turnover | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 |
| Return ratios | |||||||
| Return on assets % | 3.6% | 3.1% | 47.2% | -4.2% | -22.3% | 9.8% | -9.7% |
| Return on capital employed % | 1.6% | 1.6% | 43.9% | 3.7% | 7.9% | 4.6% | 2.4% |
| Return on equity % | 3.6% | 3.1% | 47.9% | -4.2% | -22.7% | 10% | -9.9% |
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.