Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 95.9% | 96.1% | 96.1% |
| EBITDA margin % | 4.8% | 28.5% | -10.5% |
| EBIT margin % | -1.3% | 22.1% | -19.3% |
| PAT margin % | -53.2% | 13% | 284.7% |
| Working capital | |||
| Receivable days | 158 | 100 | 156 |
| Inventory days | 28 | 24 | 17 |
| Payable days | 1,497 | 614 | 441 |
| NWC days | -1,310 | -490 | -268 |
| Leverage | |||
| Current ratio | 3.01 | 1.23 | 3.95 |
| Debt to EBITDA | 49.92 | 9.01 | — |
| Debt to equity | 0.13 | 0.14 | 0.06 |
| Interest coverage | 0.1 | 1 | -1 |
| Asset turnover | 0.05 | 0.05 | 0.04 |
| Return ratios | |||
| Return on assets % | -2.5% | 0.6% | 10.9% |
| Return on capital employed % | 0.4% | 1.3% | -0.7% |
| Return on equity % | -2.8% | 0.7% | 11.8% |
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.