Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | 98.6% | — | — | — | — | — | — |
| EBITDA margin % | 33.3% | -22.8% | 62% | 61% | -7.4% | 72.4% | 38% | 30.8% |
| EBIT margin % | 28.7% | -29.6% | 58.4% | 58.6% | -11.9% | 70.8% | 34.8% | 26.7% |
| PAT margin % | — | -37.7% | 55.9% | 55.9% | -11.6% | 56.6% | 51.5% | 25% |
| Working capital | ||||||||
| Receivable days | — | — | — | 56 | — | — | — | — |
| Inventory days | — | — | — | 5 | 5 | 0 | 0 | 0 |
| Payable days | — | — | — | 111 | — | — | — | — |
| NWC days | — | — | — | -50 | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | 3.33 | — | — | — | — |
| Debt to EBITDA | — | — | 2.07 | 1.54 | — | 0.02 | 0.15 | 0.59 |
| Debt to equity | — | — | — | 0.27 | 0.03 | 0.01 | 0.01 | 0.03 |
| Interest coverage | 5.1 | -2.6 | 13.2 | 16.8 | 0.8 | 123.3 | 16.8 | 31.1 |
| Asset turnover | — | — | — | 0.21 | 0.13 | 0.34 | 0.19 | 0.17 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | 11.5% | -1.5% | 19.1% | 9.6% | 4.2% |
| Return on capital employed % | — | — | — | 18.8% | — | — | — | — |
| Return on equity % | — | — | — | 15.9% | -1.7% | 21.6% | 10.5% | 4.6% |
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.