Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 7.6% | 10% | 12.3% | 11.9% | 12.2% |
| EBITDA margin % | |||||
| 5.8% |
| 7% |
| 8.1% |
| 8.3% |
| 6.9% |
| EBIT margin % | 5.7% | 6.9% | 8% | 8.2% | 6.5% |
| PAT margin % | 3.7% | 4.7% | 6.2% | 6% | 5.2% |
| Working capital | |||||
| Receivable days | 30 | 27 | 39 | 41 | 87 |
| Inventory days | — | — | — | — | 0 |
| Payable days | — | — | — | — | 15 |
| NWC days | — | — | — | — | 71 |
| Leverage | |||||
| Current ratio | 0.98 | 1.16 | 1.95 | 2.65 | 3.81 |
| Debt to EBITDA | 0.83 | 0.91 | 0.2 | 0.28 | 1 |
| Debt to equity | 4,218 | 2.66 | 0.19 | 0.22 | 0.18 |
| Interest coverage | 559.9 | 833.8 | 149.4 | 33.4 | 17.5 |
| Asset turnover | 8.45 | 6.64 | 6.08 | 6.03 | 1.97 |
| Return ratios | |||||
| Return on assets % | 31.6% | 31.1% | 37.9% | 36% | 10.3% |
| Return on capital employed % | 5,477.2% | 500% | 148.7% | 106% | 27.7% |
| Return on equity % | 3,27,400% | 194.8% | 73.1% | 57% | 13.4% |
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.