Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | — |
| EBITDA margin % | 16% | 10.5% | 9.7% | 10.8% |
| EBIT margin % | 13.6% | 7.4% | 6.4% | 6.2% |
| PAT margin % | 14.5% | 11.4% | 11.2% | 9.5% |
| Working capital | ||||
| Receivable days | 103 | 78 | 63 | 74 |
| Inventory days | 0 | 0 | 0 | 0 |
| Payable days | 77 | 55 | 50 | 58 |
| NWC days | 26 | 23 | 13 | 16 |
| Leverage | ||||
| Current ratio | 1.75 | 1.93 | 2.07 | 1.95 |
| Debt to EBITDA | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 |
| Interest coverage | 152.5 | 79.4 | 52.4 | 20.2 |
| Asset turnover | 0.67 | 0.74 | 0.64 | 0.67 |
| Return ratios | ||||
| Return on assets % | 9.7% | 8.4% | 7.2% | 6.4% |
| Return on capital employed % | 16.2% | 14.4% | 11.9% | 12% |
| Return on equity % | 12.5% | 10.8% | 9.4% | 8.8% |
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.