Consolidated figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | ||
Consolidated figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | ||
| — |
| — |
| EBITDA margin % | 66.1% | 72.1% | 75% | 75.2% | 73% | 72.5% | 73.5% |
| EBIT margin % | 66.1% | 72.1% | 72.8% | 73.3% | 71.2% | 70.7% | 71.9% |
| PAT margin % | 18.9% | 24.8% | 27.6% | 26.2% | 27.2% | 26.7% | 24.3% |
| Working capital | |||||||
| Receivable days | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | — | 0 | 0 |
| Payable days | — | — | — | — | 4 | — | — |
| NWC days | — | — | — | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | — | — | — | — | — |
| Debt to EBITDA | 5.72 | 5.34 | 7.91 | 7.65 | 8.37 | 8.44 | 8.32 |
| Debt to equity | 3.04 | 2.3 | 2.55 | 2.64 | 2.84 | 3.01 | 3.27 |
| Interest coverage | 1.7 | 2 | 1.8 | 1.8 | 1.9 | 1.9 | 1.8 |
| Asset turnover | 0.19 | 0.18 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Return ratios | |||||||
| Return on assets % | 3.6% | 4.4% | 3.3% | 3.2% | 3.2% | 3.2% | 3% |
| Return on capital employed % | — | — | — | — | — | — | — |
| Return on equity % | 15.2% | 14.8% | 11.9% | 12% | 12.6% | 13.1% | 13% |
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.