Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 39.8% | 45.2% | 43.6% | 45.7% | 46.3% | 44.9% |
| EBIT margin % | 33.9% | 39.7% | 37.8% | 40.1% | 41.4% | 38.8% |
| PAT margin % | 32.5% | 33.5% | 29.6% | 32% | 33.1% | 31% |
| Working capital | ||||||
| Receivable days | 13 | 9 | 10 | 17 | 28 | 10 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 47 | 37 | 30 | 39 | 37 | 36 |
| NWC days | -34 | -28 | -20 | -22 | -10 | -27 |
| Leverage | ||||||
| Current ratio | 2.2 | 2.89 | 3.69 | 2.75 | 2.84 | 3.78 |
| Debt to EBITDA | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 40.7 | 57.8 | 55.8 | 66.2 | 82.9 | 99.7 |
| Asset turnover | 0.87 | 0.97 | 0.92 | 0.81 | 0.92 | 0.91 |
| Return ratios | ||||||
| Return on assets % | 28.2% | 32.4% | 27.2% | 25.9% | 30.3% | 28.3% |
| Return on capital employed % | 47.7% | 57.4% | 47% | 48.8% | 55.1% | 48.3% |
| Return on equity % | 46.6% | 47.9% | 37.7% | 38.1% | 42.6% | 36.2% |
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.