Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 39.5% | 38.9% | 38.7% |
| EBITDA margin % | -8.8% | 10.6% | 7.2% |
| EBIT margin % |
| -11% |
| 7.5% |
| 3.9% |
| PAT margin % | -11.5% | 12.3% | 8.3% |
| Working capital | |||
| Receivable days | 59 | 57 | 59 |
| Inventory days | 68 | 92 | 101 |
| Payable days | 69 | 100 | 89 |
| NWC days | 58 | 49 | 71 |
| Leverage | |||
| Current ratio | 1.06 | 2.69 | 4.35 |
| Debt to EBITDA | — | 0.03 | 0.14 |
| Debt to equity | 1.57 | 0 | 0.01 |
| Interest coverage | -3.6 | 14.6 | 16.4 |
| Asset turnover | 0.69 | 0.49 | 0.48 |
| Return ratios | |||
| Return on assets % | -7.9% | 6% | 4% |
| Return on capital employed % | -4.1% | 11.2% | 6.8% |
| Return on equity % | -115% | 7% | 4.6% |
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.