Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 25.7% | 28.6% | 22.9% | -0.3% | 10.2% | 20.8% | 29.4% | 29.5% |
| EBIT margin % | 21.9% | 23.2% | 16.7% | -4.9% | 6.4% | 16.3% | 25.2% | 25.7% |
| PAT margin % | 23.2% | 28.6% | 31.7% | 11% | 19.3% | 34.8% | 51.2% | 41% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 17 | 13 | 10 | 8 | 7 | 6 | 7 | 7 |
| NWC days | — | — | -10 | -8 | -7 | -6 | -7 | -7 |
| Leverage | ||||||||
| Current ratio | 0.25 | 0.25 | 0.28 | 8.36 | 7.75 | 7.68 | 8.18 | 8.87 |
| Debt to EBITDA | 0.02 | — | 0 | — | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 2,217.2 | 40.5 | 35.4 | 13.2 | 25.5 | 51.3 | 64.2 | 71.3 |
| Asset turnover | 0.58 | 0.52 | 0.38 | 0.16 | 0.19 | 0.21 | 0.21 | 0.2 |
| Return ratios | ||||||||
| Return on assets % | 13.3% | 14.9% | 12% | 1.8% | 3.8% | 7.5% | 10.6% | 8.2% |
| Return on capital employed % | 28.1% | 29.4% | 18.8% | 3.6% | 5.3% | 11.8% | 14.8% | 12.6% |
| Return on equity % | 20.7% | 21.2% | 16.9% | 2% | 4.4% | 9% | 12.7% | 9.7% |
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.