Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 79.8% | 78.6% | 78.9% | 84.4% | 83.9% | 83.9% | 84.4% | 84.5% |
| EBIT margin % | 75.7% | 72.7% | 73.7% | 80.4% | 79.3% | 79.3% | 80.5% | 80.7% |
| PAT margin % | 65% | 68.3% | 64.6% | 71.6% | 76.3% | 78.1% | 79.9% | 80.1% |
| Working capital | ||||||||
| Receivable days | 66 | 0 | 4 | 74 | 6 | 70 | 2 | 1 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 953 | 508 | 901 | 3,441 | 2,278 | 2,841 | 15 | 18 |
| NWC days | — | — | -897 | -3,367 | -2,272 | -2,770 | -14 | -17 |
| Leverage | ||||||||
| Current ratio | 1.27 | 1.46 | 1.93 | 1.54 | 1.26 | 1.58 | 1.57 | 2 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 318.5 | 144.7 | 132.9 | 202.9 | 159 | 161.9 | 210.9 | 275.5 |
| Asset turnover | 0.36 | 0.39 | 0.32 | 0.25 | 0.28 | 0.25 | 0.24 | 0.25 |
| Return ratios | ||||||||
| Return on assets % | 23.4% | 26.3% | 20.9% | 18.2% | 21% | 19.8% | 19.5% | 20.2% |
| Return on capital employed % | 58.1% | 54.6% | 52.7% | 59.4% | 49.3% | 49.1% | 49.9% | 48.2% |
| Return on equity % | 44.6% | 45.3% | 39% | 43.9% | 38.3% | 36.1% | 37.8% | 36.1% |
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.