Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | — |
| EBITDA margin % | 26.9% | 28.6% | ||
| 22.3% |
| 21.6% |
| EBIT margin % | 22.6% | 25.4% | 20.1% | 18.7% |
| PAT margin % | 17.6% | 21.9% | 17.1% | 13.4% |
| Working capital | ||||
| Receivable days | 206 | 183 | 177 | 171 |
| Inventory days | 0 | — | — | — |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 3.91 | 3.25 | 3.47 | 4.72 |
| Debt to EBITDA | 0.18 | 0.02 | 0 | 0.01 |
| Debt to equity | 0.04 | 0.01 | 0 | 0 |
| Interest coverage | 18 | 35.3 | 44.2 | 7 |
| Asset turnover | 0.63 | 0.75 | 0.74 | 0.77 |
| Return ratios | ||||
| Return on assets % | 11.2% | 16.3% | 12.7% | 10.4% |
| Return on capital employed % | 17.7% | 30.2% | 25.6% | 19.5% |
| Return on equity % | 13.3% | 19.9% | 16.3% | 12.6% |
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.