Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 93.3% | 88.6% |
| EBITDA margin % | 26.6% | 43.6% |
| EBIT margin % | 24.8% | 37.7% |
| PAT margin % | 19.3% | 27.7% |
| Working capital | ||
| Receivable days | — | 32 |
| Inventory days | 135 | 80 |
| Payable days | — | 86 |
| NWC days | — | 26 |
| Leverage | ||
| Current ratio | 2.91 | 3.19 |
| Debt to EBITDA | — | 0 |
| Debt to equity | — | 0 |
| Interest coverage | 240.4 | 24.2 |
| Asset turnover | 1.43 | 1.19 |
| Return ratios | ||
| Return on assets % | 27.6% | 33% |
| Return on capital employed % | 44.4% | 73.5% |
| Return on equity % | — | 47.5% |
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.