Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 59.8% | 71.5% | 72.5% | 62% | 57.5% | 55.7% | 61.8% | 65.2% |
| EBIT margin % | 58% | 70% | 71.1% | 61% | 54.5% | 51.9% | 58.6% | 62.9% |
| PAT margin % | 29.4% | 22.5% | 24% | 21.2% | 14% | 12.1% | 14.7% | 20.1% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | 24 | 27 | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 3.43 | 5.54 | 7.07 | 8.05 | 8.92 | 8.08 | 7.77 | 7.81 |
| Debt to equity | 0.61 | 1.84 | 2.2 | 2.51 | 2.11 | 2.71 | 3.62 | 3.35 |
| Interest coverage | 2.4 | 1.8 | 1.8 | 1.8 | 1.5 | 1.4 | 1.5 | 1.7 |
| Asset turnover | 0.18 | 0.16 | 0.13 | 0.14 | 0.12 | 0.15 | 0.16 | 0.14 |
| Return ratios | ||||||||
| Return on assets % | 5.2% | 3.6% | 3% | 2.9% | 1.7% | 1.8% | 2.3% | 2.9% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 8.7% | 10.5% | 10.3% | 10.7% | 5.7% | 7.3% | 11.1% | 13.2% |
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.