Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 6.7% | -9.6% | 9.6% | 30.6% | 24% | 21.4% | 48.3% | 63.5% |
| EBIT margin % | -4.9% | -21.1% | -2.4% | 23.7% | 15.8% | 14.1% | 44.8% | 60.5% |
| PAT margin % | 52.9% | 45.9% | 22.9% | 32.2% | 27.8% | 73.8% | 42.7% | 52.2% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 28 | 43 | 33 | 41 |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | 47 | 149 | 20 | 22 |
| NWC days | — | — | — | — | -19 | -107 | 13 | 20 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 1.76 | 1.65 | 2.53 | 2.41 |
| Debt to EBITDA | — | — | — | — | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | — | — | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | 396.5 | — | — | — | — | — |
| Asset turnover | — | — | — | — | 0.19 | 0.24 | 0.53 | 0.59 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 5.4% | 17.8% | 22.4% | 31% |
| Return on capital employed % | — | — | — | — | 10.4% | 16.1% | 44.6% | 64.3% |
| Return on equity % | — | — | — | — | 7.4% | 26.5% | 29.7% | 40.5% |
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.