Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 68.6% | 74.9% | 69% |
| EBITDA margin % | 10.5% | 18.4% | 0.4% |
| EBIT margin % | 4.5% | 12.7% | -20.7% |
| PAT margin % | 7.9% | 45% | 50.6% |
| Working capital | |||
| Receivable days | 100 | 10 | 43 |
| Inventory days | 234 | 243 | 22 |
| Payable days | 185 | 102 | 121 |
| NWC days | 149 | 152 | -56 |
| Leverage | |||
| Current ratio | 2.62 | 28.85 | 28.58 |
| Debt to EBITDA | 0.62 | 0 | 91.5 |
| Debt to equity | 0.08 | 0 | 0.03 |
| Interest coverage | 14 | 49.8 | 21.1 |
| Asset turnover | 0.8 | 0.08 | 0.08 |
| Return ratios | |||
| Return on assets % | 6.4% | 3.5% | 3.8% |
| Return on capital employed % | 13.7% | 9.6% | 5.8% |
| Return on equity % | 9.2% | 3.6% | 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.