Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 82.2% | 82.5% | 84.1% | 86.4% | 83.6% |
| EBIT margin % | 81.3% | 81.7% | 83.2% | 85.5% | 82.8% |
| PAT margin % | 45.4% | 45.7% | 44.2% | 44.5% | 46.7% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | — | — | — | — | — |
| Debt to EBITDA | 4.19 | 4.53 | — | 4.32 | 4.18 |
| Debt to equity | 0.85 | 1.12 | — | 1.28 | 1.21 |
| Interest coverage | 3.2 | 3.3 | 2.9 | 2.8 | 2.9 |
| Asset turnover | 0.13 | 0.14 | 0.15 | 0.15 | 0.16 |
| Return ratios | |||||
| Return on assets % | 6% | 6.4% | 6.5% | 6.6% | 7.3% |
| Return on capital employed % | — | — | — | — | — |
| Return on equity % | 11.1% | 13.6% | 14.1% | 15.2% | 16.2% |
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.