Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 54.1% | 64.2% |
| EBIT margin % | 54.1% | 57.4% |
| PAT margin % | 5.6% | 11.7% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | — | 0 |
| Payable days | 3 | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | — | — |
| Debt to EBITDA | 11.53 | 9.32 |
| Debt to equity | 2.38 | 2.77 |
| Interest coverage | 1.1 | 1.2 |
| Asset turnover | 0.11 | 0.12 |
| Return ratios | ||
| Return on assets % | 0.6% | 1.4% |
| Return on capital employed % | — | — |
| Return on equity % | 2.1% | 5.4% |
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.