Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 43.7% | 31.1% | 21.8% |
| EBIT margin % |
| 40% |
| 24.6% |
| 16.5% |
| PAT margin % | 29.6% | 17% | 11.9% |
| Working capital | |||
| Receivable days | 143 | — | — |
| Inventory days | 0 | 0 | 0 |
| Payable days | 1 | — | — |
| NWC days | 141 | — | — |
| Leverage | |||
| Current ratio | 11.87 | 2.92 | 0.97 |
| Debt to EBITDA | 0.47 | — | — |
| Debt to equity | 0.04 | — | — |
| Interest coverage | 29.4 | 30.7 | 5.4 |
| Asset turnover | 0.17 | 0.15 | 0.34 |
| Return ratios | |||
| Return on assets % | 5.1% | 2.6% | 4.1% |
| Return on capital employed % | 7.1% | 6.8% | 10.1% |
| Return on equity % | 6.1% | — | — |
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.