Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | 46.6% | 43.4% | 44.4% | 45.9% | 45.1% |
| EBIT margin % | 41% | 37.1% | 38.2% | 40.4% | 38.6% |
| PAT margin % | 31.5% | 29.3% | 30.9% | 32.7% | 31.1% |
| Working capital | |||||
| Receivable days | — | 12 | 21 | 28 | 14 |
| Inventory days | — | 0 | 0 | 0 | 0 |
| Payable days | — | 31 | 37 | 38 | 40 |
| NWC days | — | -19 | -17 | -10 | -26 |
| Leverage | |||||
| Current ratio | — | 4.34 | 3.25 | 3.36 | 3.43 |
| Debt to EBITDA | — | 0 | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 |
| Interest coverage | 54.7 | 51 | 57.9 | 74 | 91.2 |
| Asset turnover | — | 0.89 | 0.8 | 0.89 | 0.84 |
| Return ratios | |||||
| Return on assets % | — | 25.9% | 24.8% | 29.1% | 26.1% |
| Return on capital employed % | — | 41.7% | 46.6% | 52.8% | 47.1% |
| Return on equity % | — | 36.4% | 38.4% | 41.5% | 35.7% |
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.