Consolidated figures
| Ratio | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 30.3% | 34% | 40.5% | 46.4% | 53.1% | 60.3% |
| EBITDA margin % | 4.8% | 11.3% | 5.2% | 4.2% | -2% | 3.4% |
| EBIT margin % | 2.5% | 8.5% | -3.3% | -6.9% | -16.7% | -11.9% |
| PAT margin % | 2.9% | 6.8% | -4.1% | -8% | -19.4% | -13.8% |
| Working capital | ||||||
| Receivable days | — | — | 73 | 55 | 50 | 50 |
| Inventory days | — | — | 183 | 203 | 281 | 329 |
| Payable days | — | — | 116 | 127 | 113 | 178 |
| NWC days | — | — | 140 | 131 | 219 | 200 |
| Leverage | ||||||
| Current ratio | — | — | 2.08 | 1.51 | 1.83 | 1.93 |
| Debt to EBITDA | — | — | 1.21 | 1.94 | — | 1.55 |
| Debt to equity | — | — | 0.11 | 0.16 | 0.03 | 0.04 |
| Interest coverage | 56.1 | 39.8 | -1 | -2.4 | -4.3 | -3.3 |
| Asset turnover | — | — | 0.89 | 0.79 | 0.67 | 0.48 |
| Return ratios | ||||||
| Return on assets % | — | — | -3.6% | -6.3% | -12.9% | -6.5% |
| Return on capital employed % | — | — | -2.3% | -8.4% | -19% | -9.2% |
| Return on equity % | — | — | -7.2% | -15.9% | -25.4% | -10.7% |
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.