Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 43% | 44.2% | 42.4% | 43.2% | 42.6% |
| EBIT margin % | 40.3% | 42% | 40.4% | 41% | 40% |
| PAT margin % | 31.1% | 31.7% | 31.9% | 32.6% | 35.3% |
| Working capital | |||||
| Receivable days | — | 11 | 14 | 14 | 14 |
| Inventory days | — | 0 | 0 | 0 | 0 |
| Payable days | — | 0 | 0 | 0 | 0 |
| NWC days | — | 11 | 14 | 14 | 14 |
| Leverage | |||||
| Current ratio | — | 2.7 | 3.24 | 2.48 | 3.8 |
| Debt to EBITDA | — | 0.15 | 0.03 | 0.06 | 0.04 |
| Debt to equity | — | 0.07 | 0.01 | 0.03 | 0.02 |
| Interest coverage | 83.6 | 59 | 47.5 | 35.6 | 34.5 |
| Asset turnover | — | 0.82 | 0.78 | 0.93 | 0.83 |
| Return ratios | |||||
| Return on assets % | — | 26.1% | 24.8% | 30.5% | 29.4% |
| Return on capital employed % | — | 43.4% | 48.9% | 54.5% | 57.4% |
| Return on equity % | — | 33.3% | 32.5% | 42% | 38.2% |
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.