Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 77% | 72.2% | 70.2% | 71.2% | 71.9% | 71.9% | 70.3% | 68.2% |
| EBIT margin % | 76.2% | 70.9% | 69.1% | 70.2% | 70.9% | 70.8% | 69.4% | 67.2% |
| PAT margin % | 16.9% | 12.1% | 15.9% | 21.2% | 20.7% | 17.9% | 16.5% | 16.8% |
| Working capital | ||||||||
| Receivable days | 2 | 1 | 2 | 3 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | 29 | 48 | 82 | 106 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 9.27 | 8.74 | 9.48 | 9.59 | 10.51 | 9.78 | 9.63 | 10.02 |
| Debt to equity | 8.14 | 6.71 | 6.64 | 5.88 | 6.79 | 6.86 | 7.4 | 6.96 |
| Interest coverage | 1.5 | 1.3 | 1.4 | 1.7 | 1.6 | 1.5 | 1.5 | 1.5 |
| Asset turnover | 0.12 | 0.14 | 0.13 | 0.12 | 0.11 | 0.12 | 0.13 | 0.13 |
| Return ratios | ||||||||
| Return on assets % | 2.1% | 1.6% | 2% | 2.6% | 2.3% | 2.2% | 2.1% | 2.1% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 19.3% | 12.9% | 15.8% | 18.3% | 18.6% | 17.5% | 18% | 17.2% |
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.