Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 53.7% | 37.3% | 63.5% | 68% | 59.2% | 61.2% | 58.7% | 54.4% |
| EBIT margin % | 48.3% | 32.1% | 60.8% | 65.6% | 55.7% | 57.9% | 53.9% | 48.8% |
| PAT margin % | 55.4% | 46% | 59.2% | 63.6% | 60.4% | 56.7% | 54.5% | 48.8% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 19 | 17 | 13 | 14 |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | 26 | 25 | 28 | 31 |
| NWC days | — | — | — | — | -7 | -7 | -14 | -18 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 3.24 | 3.14 | 3.29 | 2.76 |
| Debt to EBITDA | — | — | — | — | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | — | — | 0 | 0 | 0 | 0 |
| Interest coverage | — | 3,240 | 10,319.5 | 33,736 | 34,450 | 23,640.5 | 11,871.8 | 4,312.1 |
| Asset turnover | — | — | — | — | 0.39 | 0.46 | 0.49 | 0.49 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 23.7% | 25.9% | 26.9% | 23.7% |
| Return on capital employed % | — | — | — | — | 35.2% | 43.7% | 45.5% | 39.5% |
| Return on equity % | — | — | — | — | 28.2% | 31.3% | 33.2% | 29.3% |
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.