Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | 64.9% | 68.4% |
| EBIT margin % | 64.9% | 66.3% |
| PAT margin % | 11.9% | 13.9% |
| Working capital | ||
| Receivable days | 2 | — |
| Inventory days | — | 0 |
| Payable days | 71 | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | — | — |
| Debt to EBITDA | 10.37 | 10.25 |
| Debt to equity | 6.7 | 4.14 |
| Interest coverage | 1.3 | 1.4 |
| Asset turnover | 0.12 | 0.11 |
| Return ratios | ||
| Return on assets % | 1.4% | 1.5% |
| Return on capital employed % | — | — |
| Return on equity % | 11.8% | 8.2% |
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.