Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | — |
| EBITDA margin % | 47.5% | 69.1% | 71.8% | 65.5% |
| EBIT margin % | 47.5% | 69.1% | 71.8% | 65.5% |
| PAT margin % | 37.6% | 51.3% | 53.2% | 44.7% |
| Working capital | ||||
| Receivable days | 22 | 38 | 34 | 54 |
| Inventory days | — | — | — | — |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | — | — | — | — |
| Debt to EBITDA | 0.31 | 0.36 | 0.73 | 2.55 |
| Debt to equity | 0.05 | 0.06 | 0.11 | 0.41 |
| Interest coverage | 242.5 | 57.3 | 35.5 | 13.8 |
| Asset turnover | 0.29 | 0.17 | 0.13 | 0.13 |
| Return ratios | ||||
| Return on assets % | 10.9% | 8.5% | 7% | 5.6% |
| Return on capital employed % | — | — | — | — |
| Return on equity % | 13.5% | 12.8% | 11.6% | 10.9% |
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.