Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 17.3% | 17.8% |
| EBITDA margin % | 6.4% | 5.4% |
| EBIT margin % | 4.6% | 3.2% |
| PAT margin % | 3.9% | 8.5% |
| Working capital | ||
| Receivable days | — | 115 |
| Inventory days | 38 | 100 |
| Payable days | — | 171 |
| NWC days | — | 44 |
| Leverage | ||
| Current ratio | 1.92 | 1.26 |
| Debt to EBITDA | — | 1.97 |
| Debt to equity | — | 0.1 |
| Interest coverage | 9.2 | 7.9 |
| Asset turnover | 0.94 | 0.63 |
| Return ratios | ||
| Return on assets % | 3.6% | 5.4% |
| Return on capital employed % | 7.9% | 11.4% |
| Return on equity % | — | 8% |
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.