Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | 34.6% |
| EBITDA margin % | 18.2% | 19.8% |
| EBIT margin % | 18.1% | 19.6% |
| PAT margin % | 12.2% | 13.1% |
| Working capital | ||
| Receivable days | 120 | 140 |
| Inventory days | 24 | 21 |
| Payable days | — | 49 |
| NWC days | — | 112 |
| Leverage | ||
| Current ratio | 1.54 | 2.95 |
| Debt to EBITDA | 1.09 | 0.67 |
| Debt to equity | 1.04 | 0.23 |
| Interest coverage | 9.1 | 7.8 |
| Asset turnover | 1.88 | 1.18 |
| Return ratios | ||
| Return on assets % | 22.8% | 15.5% |
| Return on capital employed % | 91.2% | 55.1% |
| Return on equity % | 63.7% | 22.8% |
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.