Standalone figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| 44.8% |
| 52% |
| EBITDA margin % | 24.4% | 31.8% | 29.4% | 23.3% | 17.9% | 32.4% | 28.6% | 35.5% |
| EBIT margin % | 21.6% | 29.6% | 29.4% | 22% | 14.6% | 30.8% | 28.1% | 35.2% |
| PAT margin % | 22% | 19.9% | 22.5% | 20.1% | 23.6% | 27.9% | 25.2% | 30.7% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 9 | 7 | 0 | 0 |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | 18 | 2 | 4 | 3 |
| NWC days | — | — | — | — | -9 | 5 | -4 | -3 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 10.45 | 13 | 11.42 | 11.58 |
| Debt to EBITDA | — | — | — | — | 0.41 | 0.04 | 0 | 0 |
| Debt to equity | — | — | — | — | 0.01 | 0 | 0 | 0 |
| Interest coverage | 18 | — | 111.3 | 75 | 24 | 90 | — | — |
| Asset turnover | — | — | — | — | 0.1 | 0.19 | 0.48 | 0.38 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 2.4% | 5.3% | 12.1% | 11.8% |
| Return on capital employed % | — | — | — | — | 3.1% | 7.5% | 18.5% | 20.4% |
| Return on equity % | — | — | — | — | 2.5% | 5.5% | 12.6% | 12.2% |
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.