Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | 97.1% | 17.2% |
| EBITDA margin % | 5.8% | 6.1% | 9.8% | 6.9% |
| EBIT margin % | 5.6% | 5.8% | 9.5% | 6.7% |
| PAT margin % | 4.8% | 4.3% | 7.8% | 4% |
| Working capital | ||||
| Receivable days | — | — | — | 253 |
| Inventory days | — | — | — | 13 |
| Payable days | — | — | — | 41 |
| NWC days | — | — | — | 226 |
| Leverage | ||||
| Current ratio | — | — | — | 2.07 |
| Debt to EBITDA | — | — | — | 4.61 |
| Debt to equity | — | — | — | 0.61 |
| Interest coverage | 18.8 | 20.4 | 13.1 | 4.3 |
| Asset turnover | — | — | — | 1.01 |
| Return ratios | ||||
| Return on assets % | — | — | — | 4% |
| Return on capital employed % | — | — | — | 12.9% |
| Return on equity % | — | — | — | 7.5% |
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.