Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 18% | 19.8% | 18.5% | 21.5% | 21.4% | 19.9% | 17.7% | 17.6% |
| EBIT margin % | 16% | 16.5% | 14.5% | 18.3% | 18.5% | 17.1% | 14.9% | 14.5% |
| PAT margin % | 15.1% | 14.6% | 12.2% | 14.6% | 14.7% | 13.5% | 11.8% | 11.7% |
| Working capital | ||||||||
| Receivable days | 76 | — | 83 | 94 | 79 | 82 | 86 | 67 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 19 | 12 | 26 | 67 | 67 | 38 |
| NWC days | — | — | 63 | 82 | 53 | 16 | 19 | 29 |
| Leverage | ||||||||
| Current ratio | 2.75 | — | 3.19 | 3.14 | 3.4 | 2.46 | 2.16 | 2.48 |
| Debt to EBITDA | 0.08 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0.03 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 543.8 | 31.1 | 20.7 | 31 | 38.8 | 36.4 | 31.8 | 28.3 |
| Asset turnover | 1.51 | — | 1.07 | 1.08 | 1.16 | 1.14 | 1.11 | 1.05 |
| Return ratios | ||||||||
| Return on assets % | 22.8% | — | 13.1% | 15.8% | 17% | 15.4% | 13.1% | 12.2% |
| Return on capital employed % | 46.5% | — | 23.7% | 31.1% | 33.4% | 32.7% | 28.5% | 24.9% |
| Return on equity % | 31% | — | 19.2% | 23.1% | 23.7% | 24.5% | 20.8% | 19.8% |
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.