Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 43.9% | 45.8% | 53.9% |
| EBIT margin % |
| 39.7% |
| 39.6% |
| 41.3% |
| PAT margin % | 27.2% | 29.9% | 25.7% |
| Working capital | |||
| Receivable days | 169 | — | — |
| Inventory days | 0 | 0 | 0 |
| Payable days | 1 | — | — |
| NWC days | 167 | — | — |
| Leverage | |||
| Current ratio | 11.88 | 2.9 | 0.39 |
| Debt to EBITDA | 0.7 | — | — |
| Debt to equity | 0.05 | — | — |
| Interest coverage | 23.6 | 12.5 | 4.9 |
| Asset turnover | 0.15 | 0.19 | 0.19 |
| Return ratios | |||
| Return on assets % | 4% | 5.6% | 5% |
| Return on capital employed % | 6% | 9.4% | 13.8% |
| Return on equity % | 4.7% | — | — |
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.