Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 78% | 77.4% | 63% | 61.5% | 65.6% | 56.4% |
| EBIT margin % | 77.9% | 77.3% | 62.7% | 61.1% | 65.2% | 55.8% |
| PAT margin % | 55.5% | 57.3% | 48.2% | 47.6% | 40.8% | 32.1% |
| Working capital | ||||||
| Receivable days | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 |
| NWC days | 0 | 0 | 0 | 0 | 0 | 0 |
| Leverage | ||||||
| Current ratio | 0.98 | 1.81 | 2.18 | 3.19 | 4.99 | 1.68 |
| Debt to EBITDA | 0.55 | 0.77 | 0.92 | 0.41 | 0.19 | 1.25 |
| Debt to equity | 0.31 | 0.33 | 0.22 | 0.11 | 0.07 | 0.25 |
| Interest coverage | 8.9 | 10.1 | 7.1 | 8.7 | 7.8 | 5.2 |
| Asset turnover | 0.53 | 0.38 | 0.3 | 0.35 | 0.46 | 0.26 |
| Return ratios | ||||||
| Return on assets % | 29.5% | 21.9% | 14.5% | 16.9% | 19% | 8.4% |
| Return on capital employed % | 61.8% | 57.1% | 32.3% | 34.5% | 38.4% | 21% |
| Return on equity % | 40.4% | 31.8% | 18.2% | 19.9% | 21.5% | 11.4% |
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.