Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 8.5% | 10.4% |
| EBITDA margin % | 5.9% | 7.2% |
| EBIT margin % | 5.6% | 7% |
| PAT margin % | 3.2% | 4.7% |
| Working capital | ||
| Receivable days | — | 88 |
| Inventory days | 0 | 0 |
| Payable days | — | 25 |
| NWC days | — | 63 |
| Leverage | ||
| Current ratio | 2.11 | 2.6 |
| Debt to EBITDA | — | 2.56 |
| Debt to equity | — | 0.31 |
| Interest coverage | 3.9 | 5.2 |
| Asset turnover | 1.64 | 1.17 |
| Return ratios | ||
| Return on assets % | 5.2% | 5.5% |
| Return on capital employed % | 14.6% | 16.1% |
| Return on equity % | — | 8% |
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.