Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 23.7% | 25.8% |
| EBITDA margin % | 13% | 14.4% |
| EBIT margin % | 10.9% | 11.5% |
| PAT margin % | 5.8% | 8.2% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | 258 | 240 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 1.73 | 1.31 |
| Debt to EBITDA | — | — |
| Debt to equity | — | — |
| Interest coverage | 2 | 2.5 |
| Asset turnover | 0.51 | 0.22 |
| Return ratios | ||
| Return on assets % | 3% | 1.8% |
| Return on capital employed % | 11.4% | 7.1% |
| 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.