Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 3.5% | 27.7% | 50.1% | 41.6% | 27.9% | 29.3% | 38.9% | 36.1% |
| EBIT margin % | 2.7% | 24.3% | 47.7% | 40% | 25.8% | 27.2% | 37.3% | 35.1% |
| PAT margin % | 2.5% | 23.5% | 43.1% | 41.3% | 29% | 31.8% | 46% | 36.4% |
| Working capital | ||||||||
| Receivable days | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 14 | 17 | 15 | 14 | 15 | 11 | 10 |
| NWC days | — | — | -16 | -15 | -13 | -14 | -10 | -10 |
| Leverage | ||||||||
| Current ratio | 1.7 | 1.86 | 4.4 | 3.7 | 2.7 | 2.17 | 2.43 | 2.35 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 15.1 | 66.7 | 60.1 | 75.6 | 75.6 | 111.4 | 204.4 | 258.2 |
| Asset turnover | 0.61 | 0.56 | 0.26 | 0.25 | 0.28 | 0.34 | 0.32 | 0.31 |
| Return ratios | ||||||||
| Return on assets % | 1.5% | 13.1% | 11.4% | 10.4% | 8.1% | 10.8% | 14.8% | 11.4% |
| Return on capital employed % | 12.4% | 42.7% | 30.9% | 19% | 14.7% | 19.6% | 29.3% | 22.1% |
| Return on equity % | 7.8% | 53.3% | 17.7% | 16.4% | 13.2% | 20.5% | 26.7% | 20.7% |
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.