Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 72.8% | 54.9% |
| EBITDA margin % | 38.6% | 27.9% |
| EBIT margin % | 34.4% | 22.7% |
| PAT margin % | 24.8% | 18.6% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | 236 | 64 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 2.08 | 2.04 |
| Debt to EBITDA | — | — |
| Debt to equity | — | — |
| Interest coverage | 9.9 | 7.6 |
| Asset turnover | 0.51 | 0.63 |
| Return ratios | ||
| Return on assets % | 12.6% | 11.7% |
| Return on capital employed % | 21.9% | 24.2% |
| 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.