Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 36.1% | 43.1% |
| EBIT margin % | 35% | 36.3% |
| PAT margin % | 24.8% | 26.3% |
| Working capital | ||
| Receivable days | — | 302 |
| Inventory days | 0 | 0 |
| Payable days | — | 177 |
| NWC days | — | 125 |
| Leverage | ||
| Current ratio | 4.15 | 2.52 |
| Debt to EBITDA | — | 1.02 |
| Debt to equity | — | 0.21 |
| Interest coverage | 12.8 | 8.5 |
| Asset turnover | 0.38 | 0.31 |
| Return ratios | ||
| Return on assets % | 9.4% | 8.1% |
| Return on capital employed % | 17.2% | 24% |
| Return on equity % | — | 12.5% |
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.