Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 34.9% | 26.3% |
| EBIT margin % | 30.9% | 21.6% |
| PAT margin % | 26.1% | 21.2% |
| Working capital | ||
| Receivable days | 67 | 195 |
| Inventory days | 0 | 0 |
| Payable days | 53 | 96 |
| NWC days | 14 | 99 |
| Leverage | ||
| Current ratio | 3.45 | 7.28 |
| Debt to EBITDA | 0.12 | 0.16 |
| Debt to equity | 0.07 | 0.02 |
| Interest coverage | 178.4 | 61.9 |
| Asset turnover | 1.19 | 0.38 |
| Return ratios | ||
| Return on assets % | 31.2% | 8.1% |
| Return on capital employed % | 55.7% | 20.2% |
| Return on equity % | 43.6% | 9.3% |
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.