Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | 67.1% |
| EBITDA margin % | 37% | 35.4% |
| EBIT margin % | 35.3% | 33.3% |
| PAT margin % | 26.8% | 31.8% |
| Working capital | ||
| Receivable days | 166 | 86 |
| Inventory days | 105 | 429 |
| Payable days | — | 139 |
| NWC days | — | 376 |
| Leverage | ||
| Current ratio | 2.39 | 3.16 |
| Debt to EBITDA | 0.9 | 1.04 |
| Debt to equity | 0.28 | 0.16 |
| Interest coverage | 27.9 | 24.9 |
| Asset turnover | 0.59 | 0.35 |
| Return ratios | ||
| Return on assets % | 15.9% | 11% |
| Return on capital employed % | 28.4% | 23.2% |
| Return on equity % | 22.4% | 13.7% |
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.