Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 82.2% | 82.4% | 83.4% | 84.5% | 83.4% |
| EBIT margin % | 81.4% | 81.8% | 82.7% | 83.8% | 82.8% |
| PAT margin % | 45.4% | 46% | 44.8% | 42.9% | 42% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | — | — | — | — | — |
| Debt to EBITDA | 4.06 | 4.2 | — | 4.63 | 4.2 |
| Debt to equity | 0.93 | 1.13 | — | 1.59 | 1.56 |
| Interest coverage | 3.3 | 3.4 | 3 | 2.8 | 2.9 |
| Asset turnover | 0.14 | 0.15 | 0.15 | 0.16 | 0.17 |
| Return ratios | |||||
| Return on assets % | 6.5% | 7% | 6.8% | 6.7% | 7.2% |
| Return on capital employed % | — | — | — | — | — |
| Return on equity % | 12.7% | 15.1% | 16.2% | 17.4% | 18.6% |
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.