Consolidated figures
| Ratio | Dec 2024 | Dec 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 15.3% | 14.2% | 14.2% |
| EBIT margin % | 13% | 11.5% | 11.5% |
| PAT margin % | 9.8% | 10.2% | 10.2% |
| Working capital | |||
| Receivable days | 60 | 56 | — |
| Inventory days | 0 | 0 | — |
| Payable days | 33 | 32 | — |
| NWC days | 27 | 24 | — |
| Leverage | |||
| Current ratio | 1.58 | 1.44 | — |
| Debt to EBITDA | 0 | 0 | — |
| Debt to equity | 0 | 0 | — |
| Interest coverage | 24.6 | 19.3 | 19.3 |
| Asset turnover | 1.33 | 1.23 | — |
| Return ratios | |||
| Return on assets % | 13.1% | 12.5% | — |
| Return on capital employed % | 26.6% | 28.7% | — |
| Return on equity % | 21.9% | 21.7% | — |
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.