Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 19.9% | 11.9% | 13.1% | 14.9% | 15.1% | 7.9% |
| EBIT margin % | 8.9% | 3.3% | 6.6% | 10.5% | 13.3% | 6.2% |
| PAT margin % | 7.2% | 1.7% | 5.8% | 8.6% | 10.5% | 98.5% |
| Working capital | ||||||
| Receivable days | 84 | 93 | 123 | 80 | 86 | 78 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 18 | 14 | 7 | 11 | 10 | 9 |
| NWC days | 67 | 80 | 117 | 68 | 75 | 69 |
| Leverage | ||||||
| Current ratio | 1.29 | 1.49 | 1.66 | 2.07 | 2.43 | 3.52 |
| Debt to EBITDA | 0.53 | 0.89 | 0.57 | 0.36 | 0.18 | 0.1 |
| Debt to equity | 0.23 | 0.24 | 0.17 | 0.13 | 0.05 | 0 |
| Interest coverage | 3.1 | 2.5 | 6.1 | 9.9 | 24.5 | 31.7 |
| Asset turnover | 0.99 | 1.02 | 1.05 | 1.33 | 1 | 0.51 |
| Return ratios | ||||||
| Return on assets % | 7.1% | 1.7% | 6.1% | 11.4% | 10.6% | 50.1% |
| Return on capital employed % | 17.7% | 8.6% | 17.9% | 26.6% | 29.4% | 12.2% |
| Return on equity % | 15.9% | 3.7% | 13.6% | 21.5% | 17.5% | 63% |
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.