Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 2.6% | — | — |
| EBITDA margin % | -3.9% | -3.3% | -3.9% |
| EBIT margin % | -3.9% | -3.3% | -4.3% |
| PAT margin % | 13.6% | 18.8% | 24.2% |
| Working capital | |||
| Receivable days | 38 | 28 | 38 |
| Inventory days | 51 | 68 | 76 |
| Payable days | 36 | 57 | 34 |
| NWC days | 52 | 40 | 79 |
| Leverage | |||
| Current ratio | 7.1 | 4.8 | 6.2 |
| Debt to EBITDA | — | — | — |
| Debt to equity | 0 | 0 | 0 |
| Interest coverage | — | — | 298 |
| Asset turnover | 0.13 | 0.09 | 0.09 |
| Return ratios | |||
| Return on assets % | 1.8% | 1.7% | 2.2% |
| Return on capital employed % | 2.5% | 2.6% | 3% |
| Return on equity % | 1.9% | 1.9% | 2.5% |
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.