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Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 42.2% | 29.5% |
| EBITDA margin % | 14.9% | -12.8% |
| EBIT margin % | 12.9% | -16.9% |
| PAT margin % | 8.8% | -14.1% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | 128 | 246 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 1.66 | 1.74 |
| Debt to EBITDA | — | — |
| Debt to equity | — | — |
| Interest coverage | 9.6 | -5.1 |
| Asset turnover | 0.65 | 0.43 |
| Return ratios | ||
| Return on assets % | 5.7% | -6% |
| Return on capital employed % | 15.7% | -11.7% |
| Return on equity % | — | — |
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.