Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | -45.1% | -11.2% | 8.8% | 12.2% | 12.8% |
| EBIT margin % | -48.8% | -14.1% | 7.7% | 11.1% | 11% |
| PAT margin % | -30.4% | 2.5% | 20.7% | 22.8% | 24.4% |
| Working capital | |||||
| Receivable days | — | 5 | 4 | 5 | 5 |
| Inventory days | — | 0 | 0 | 0 | 0 |
| Payable days | — | 26 | 29 | 26 | 24 |
| NWC days | — | -21 | -25 | -21 | -19 |
| Leverage | |||||
| Current ratio | — | 9.33 | 2.54 | 4.12 | 5.13 |
| Debt to EBITDA | — | — | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 |
| Interest coverage | -229.7 | 7.9 | 79.4 | 138.6 | 88.2 |
| Asset turnover | — | 0.21 | 0.27 | 0.24 | 0.28 |
| Return ratios | |||||
| Return on assets % | — | 0.5% | 5.6% | 5.5% | 6.7% |
| Return on capital employed % | — | 0.6% | 6.5% | 7.7% | 8.4% |
| Return on equity % | — | 0.6% | 6% | 5.7% | 7.2% |
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.