Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 43.2% | 12.6% | 61.5% |
| EBIT margin % | 40.7% | 6.8% | 58.1% |
| PAT margin % | 38.5% | 60.3% | 39.3% |
| Working capital | |||
| Receivable days | 41 | 20 | 44 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 0 | 5 | 27 |
| NWC days | 41 | 15 | 17 |
| Leverage | |||
| Current ratio | 2.46 | 2.37 | 3.38 |
| Debt to EBITDA | 0 | 1.73 | 0.01 |
| Debt to equity | 0 | 0.03 | 0 |
| Interest coverage | 336 | 60.3 | 61.8 |
| Asset turnover | 0.23 | 0.13 | 0.14 |
| Return ratios | |||
| Return on assets % | 8.9% | 7.9% | 5.3% |
| Return on capital employed % | 12.2% | 12.9% | 10.1% |
| Return on equity % | 9.2% | 8.4% | 5.9% |
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.