Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 17.9% | 44.4% | 30.3% | 41.4% | 35.2% | 33.3% | 25.1% | 24.4% |
| EBIT margin % | 16.2% | 41.3% | 28.9% | 38.8% | 32.6% | 29.1% | 21.6% | 20% |
| PAT margin % | 9.7% | 25.1% | 1.7% | 29.5% | 21.8% | 18.8% | 13.5% | 11.3% |
| Working capital | ||||||||
| Receivable days | — | — | 29 | 20 | 21 | — | — | — |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 492 | 913 | 788 | — | — | — |
| NWC days | — | — | -463 | -892 | -767 | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | 2.95 | 1.57 | 2 | — | — | — |
| Debt to EBITDA | — | — | 0.27 | 0.13 | 0.1 | 0.25 | 0.28 | 0.3 |
| Debt to equity | — | — | 0.04 | 0.03 | 0.02 | 0.06 | 0.04 | 0.03 |
| Interest coverage | 8 | 9.3 | 14.6 | 17.7 | 8.8 | 6 | 4.6 | 4.6 |
| Asset turnover | — | — | 0.29 | 0.3 | 0.29 | 0.37 | 0.38 | 0.24 |
| Return ratios | ||||||||
| Return on assets % | — | — | 0.5% | 8.9% | 6.4% | 7% | 5.1% | 2.7% |
| Return on capital employed % | — | — | 11.9% | 23.9% | 17.7% | — | — | — |
| Return on equity % | — | — | 0.7% | 17% | 11.2% | 13.7% | 7.9% | 4.1% |
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.