Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 15% | 13.8% | 10.9% | 11.7% | 9.1% | 8.8% | 16.2% | 17.4% |
| EBIT margin % | 14.1% | 13.1% | 10.1% | 10.9% | 8.3% | 7.7% | 14.9% | 16.3% |
| PAT margin % | 15.1% | 13.4% | 8.4% | 12% | 10.4% | 11% | 15.4% | 16.6% |
| Working capital | ||||||||
| Receivable days | 2 | 2 | 61 | 47 | 39 | 36 | 51 | 43 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 55 | 46 | 42 | 55 | 68 | 67 |
| NWC days | 2 | 2 | 7 | 2 | -3 | -19 | -17 | -24 |
| Leverage | ||||||||
| Current ratio | 10.88 | 10.26 | 0.94 | 0.98 | 1.01 | 1.07 | 1.15 | 1.27 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 462.4 | 389.2 | 139.1 | 527.9 | 306.6 | 157.8 | 234.6 | 396 |
| Asset turnover | 27.54 | 34.41 | 0.71 | 0.66 | 0.73 | 0.68 | 0.58 | 0.67 |
| Return ratios | ||||||||
| Return on assets % | 416.9% | 462.2% | 5.9% | 8% | 7.6% | 7.5% | 9% | 11.1% |
| Return on capital employed % | 48% | 815.2% | 56.8% | 24.7% | 21.8% | 21.2% | 24.8% | 29.2% |
| Return on equity % | 482.2% | 547.4% | 15.3% | 17.9% | 16.2% | 15.4% | 17.8% | 21% |
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.