Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 95.8% | 92.1% | 80.3% | 93.4% | 79.7% | 59% | 60.1% | 61.2% |
| EBIT margin % | 95.8% | 92% | 79.9% | 93.3% | 79.6% | 58.2% | 59.3% | 60.1% |
| PAT margin % | 55.4% | 56.1% | 67.8% | 65% | 740.3% | 16.8% | 16.5% | 17.2% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 4.76 | 7.9 | 12.93 | 0.33 | 0.02 | 9.56 | 9.64 | 9.94 |
| Debt to equity | 0.28 | 0.44 | 0.16 | 0.01 | 0 | 3.3 | 3.65 | 3.95 |
| Interest coverage | 2.5 | 2.4 | 0.8 | 4.5 | 47.8 | 1.6 | 1.6 | 1.6 |
| Asset turnover | 0.05 | 0.04 | 0.01 | 0.03 | 0.03 | 0.13 | 0.13 | 0.13 |
| Return ratios | ||||||||
| Return on assets % | 2.7% | 2.4% | 0.9% | 1.9% | 18.6% | 2.2% | 2.2% | 2.2% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 3.4% | 3.4% | 1.1% | 1.9% | 18.7% | 9.9% | 10.3% | 11.1% |
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.