Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 34.6% | 29.9% | 27% | 35.2% | 35.4% | 33.4% | 35.7% | 35.9% |
| EBIT margin % | 32.8% | 26.6% | 23.7% | 32.9% | 33% | 30.3% | 32.4% | 31.2% |
| PAT margin % | 31.9% | 30.3% | 27.5% | 33.1% | 33.9% | 34.1% | 34.4% | 30.5% |
| Working capital | ||||||||
| Receivable days | — | — | 58 | 28 | 34 | 43 | 35 | 48 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 13 | 15 | 12 | 9 | 10 | 13 |
| NWC days | — | — | 45 | 13 | 23 | 34 | 24 | 35 |
| Leverage | ||||||||
| Current ratio | — | — | 4.26 | 3.77 | 4.45 | 4.51 | 6.37 | 3.8 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0.01 | 0.01 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 299.1 | 65.5 | 55.4 | 98.5 | 129.5 | 20.2 | 49.7 | 59.1 |
| Asset turnover | — | — | 0.34 | 0.35 | 0.37 | 0.38 | 0.38 | 0.4 |
| Return ratios | ||||||||
| Return on assets % | — | — | 9.2% | 11.6% | 12.4% | 12.8% | 13.2% | 12.3% |
| Return on capital employed % | — | — | 14.6% | 18.7% | 19.9% | 21% | 22.2% | 22.2% |
| Return on equity % | — | — | 10.9% | 13.5% | 14.4% | 15.6% | 16.3% | 15.5% |
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.