Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 43.8% | 42.2% |
| EBITDA margin % | 16.1% | 13.5% |
| EBIT margin % | 13.8% | 11.2% |
| PAT margin % | 7.2% | 4.4% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | 176 | 191 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 1.57 | 1.42 |
| Debt to EBITDA | — | — |
| Debt to equity | — | — |
| Interest coverage | 3.4 | 2.2 |
| Asset turnover | 0.77 | 0.69 |
| Return ratios | ||
| Return on assets % | 5.5% | 3% |
| Return on capital employed % | 17.6% | 14.2% |
| 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.