Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 36.7% | 41.9% | 42.7% |
| EBITDA margin % | 8.3% | 9% | 5.4% |
| EBIT margin % |
| 3.7% |
| 3.3% |
| -1.7% |
| PAT margin % | 6.8% | 8.9% | 5% |
| Working capital | |||
| Receivable days | 93 | 48 | 56 |
| Inventory days | 129 | 134 | 147 |
| Payable days | 81 | 54 | 92 |
| NWC days | 141 | 128 | 111 |
| Leverage | |||
| Current ratio | 1.99 | 6.2 | 5.19 |
| Debt to EBITDA | 1.25 | 0 | 0.04 |
| Debt to equity | 0.12 | 0 | 0 |
| Interest coverage | 4.6 | 5.9 | 3.1 |
| Asset turnover | 0.71 | 0.45 | 0.36 |
| Return ratios | |||
| Return on assets % | 4.8% | 4% | 1.8% |
| Return on capital employed % | 11.6% | 8.9% | 4.4% |
| Return on equity % | 7.9% | 4.7% | 2.4% |
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.