Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 13.1% | 9.2% |
| EBIT margin % | 9.6% | 6.9% |
| PAT margin % | 9.1% | 3.4% |
| Working capital | ||
| Receivable days | 199 | 135 |
| Inventory days | 0 | 0 |
| Payable days | 28 | 16 |
| NWC days | 171 | 119 |
| Leverage | ||
| Current ratio | 1.82 | 1.76 |
| Debt to EBITDA | 3.27 | 1.26 |
| Debt to equity | 0.78 | 0.3 |
| Interest coverage | 3.9 | 2.9 |
| Asset turnover | 0.89 | 1.29 |
| Return ratios | ||
| Return on assets % | 8.1% | 4.4% |
| Return on capital employed % | 22.2% | 15.4% |
| Return on equity % | 16.7% | 8.9% |
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.