Consolidated figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 13% | 9.4% |
| EBIT margin % | 10.1% | 7.3% |
| PAT margin % | 7.9% | 3.8% |
| Working capital | ||
| Receivable days | 205 | 185 |
| Inventory days | 3 | 2 |
| Payable days | 55 | 46 |
| NWC days | 153 | 141 |
| Leverage | ||
| Current ratio | 1.64 | 1.69 |
| Debt to EBITDA | 2.74 | 1.43 |
| Debt to equity | 0.81 | 0.35 |
| Interest coverage | 4.4 | 3.7 |
| Asset turnover | 0.86 | 1.01 |
| Return ratios | ||
| Return on assets % | 6.8% | 3.8% |
| Return on capital employed % | 19.4% | 14.1% |
| Return on equity % | 18.1% | 9.8% |
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.