Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 5.8% | 50.6% | 60% | 66.8% | 52.7% | 45.2% | 44.5% | 55.6% |
| EBIT margin % | 4.5% | 45.9% | 56.6% | 64.9% | 49.7% | 43.6% | 42.5% | 54.1% |
| PAT margin % | 77.8% | 49.6% | 50.6% | 58.5% | 81.3% | 43.1% | 64.4% | 83% |
| Working capital | ||||||||
| Receivable days | 26 | 32 | 53 | 18 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | 8 | — | — | 0 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 0.16 | 0.01 | 0 | 0 | 0 | 0.17 | 0.14 | 0.09 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Interest coverage | 6.9 | 21 | 30.9 | 62.5 | 52.1 | 75.6 | 79.3 | 176 |
| Asset turnover | 0.05 | 0.09 | 0.09 | 0.14 | 0.08 | 0.16 | 0.17 | 0.16 |
| Return ratios | ||||||||
| Return on assets % | 4.2% | 4.5% | 4.6% | 8.1% | 6.7% | 7% | 11% | 13.6% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 4.5% | 4.9% | 5% | 8.8% | 7.2% | 7.5% | 12.1% | 14.6% |
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.