Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 72.1% | 63.3% | — | — | — |
| EBITDA margin % | |||||
| 29.3% |
| 17.8% |
| 21% |
| 19.4% |
| 20.5% |
| EBIT margin % | 27% | 15.2% | 17.2% | 15.7% | 16.7% |
| PAT margin % | 24.2% | 14.6% | 18.3% | 16.8% | 17.7% |
| Working capital | |||||
| Receivable days | 100 | 151 | 181 | 181 | 183 |
| Inventory days | 0 | 0 | 0 | 0 | 0 |
| Payable days | 199 | 86 | 24 | 10 | 2 |
| NWC days | -99 | 65 | 157 | 171 | 181 |
| Leverage | |||||
| Current ratio | 6.09 | 6.22 | 6.6 | 7.49 | 6.46 |
| Debt to EBITDA | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 67.6 | 52.8 | 72.2 | 79.5 | 81 |
| Asset turnover | 0.4 | 0.4 | 0.32 | 0.35 | 0.34 |
| Return ratios | |||||
| Return on assets % | 9.6% | 5.9% | 5.9% | 5.9% | 6.1% |
| Return on capital employed % | 14.7% | 9.1% | 8.7% | 9% | 9.9% |
| Return on equity % | 11.5% | 7% | 6.9% | 6.9% | 7.3% |
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.