Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 7% | 7.1% | 6.6% | 7.7% |
| EBITDA margin % | 3.5% | 3.8% | 4.3% | 4.7% |
| EBIT margin % | 3.3% | 3.6% | 4.1% | 4.5% |
| PAT margin % | 2.1% | 2.2% | 2.8% | 3.1% |
| Working capital | ||||
| Receivable days | — | — | — | 40 |
| Inventory days | — | — | — | 28 |
| Payable days | — | — | — | 5 |
| NWC days | — | — | — | 64 |
| Leverage | ||||
| Current ratio | — | — | — | 4.26 |
| Debt to EBITDA | — | — | — | 0.99 |
| Debt to equity | — | — | — | 0.18 |
| Interest coverage | 4.5 | 4.1 | 5.9 | 7.1 |
| Asset turnover | — | — | — | 3.04 |
| Return ratios | ||||
| Return on assets % | — | — | — | 9.5% |
| Return on capital employed % | — | — | — | 18.2% |
| Return on equity % | — | — | — | 12% |
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.