Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 73.4% | 77.5% | 76.8% |
| EBIT margin % | 49.3% | 56.2% | 50.5% |
| PAT margin % | 11.2% | 20.9% | 42.5% |
| Working capital | |||
| Receivable days | 55 | 62 | 90 |
| Inventory days | 15 | 25 | 26 |
| Payable days | 36 | 24 | 42 |
| NWC days | 34 | 63 | 74 |
| Leverage | |||
| Current ratio | 1.56 | 2.96 | 0.33 |
| Debt to EBITDA | 8.24 | 6.07 | 4.23 |
| Debt to equity | 2.64 | 1.31 | 0.43 |
| Interest coverage | 1.4 | 1.7 | 4.4 |
| Asset turnover | 0.1 | 0.09 | 0.07 |
| Return ratios | |||
| Return on assets % | 1.1% | 1.8% | 3.1% |
| Return on capital employed % | 5.5% | 6.6% | 7.5% |
| Return on equity % | 4.9% | 5.8% | 5.6% |
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.