Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 67.3% | 71.7% | 73.6% | 64.8% | 65.3% | 67.8% | 54.5% | 56.2% |
| EBIT margin % | 65.5% | 68.7% | 70.9% | 61.5% | 62.3% | 65% | 51.9% | 53% |
| PAT margin % | 22.7% | 27.1% | 27.3% | 21.9% | 22.4% | 24.8% | 12% | 10.4% |
| Working capital | ||||||||
| Receivable days | 0 | 0 | — | — | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | 26 | 0 | 0 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 4.48 | 5.76 | 4.87 | 6.14 | 6.52 | 5.61 | 6.47 | 10.71 |
| Debt to equity | 3.31 | 3.93 | 3.11 | 2.88 | 2.95 | 2.91 | 2.85 | 3.57 |
| Interest coverage | 2.1 | 2.1 | 2 | 1.9 | 1.9 | 2 | 1.5 | 1.3 |
| Asset turnover | 0.25 | 0.19 | 0.2 | 0.18 | 0.17 | 0.19 | 0.2 | 0.13 |
| Return ratios | ||||||||
| Return on assets % | 5.6% | 5% | 5.5% | 3.9% | 3.8% | 4.7% | 2.4% | 1.3% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 24.9% | 25.8% | 23.6% | 15.9% | 15.6% | 19% | 9.7% | 6.2% |
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.