Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | 55.1% | — | — | — | — |
| EBITDA margin % | 32.6% | 23.8% | 25.3% | 28.1% | 31.3% | 31.2% | 29% | 30.7% |
| EBIT margin % | 29.6% | 19.2% | 20.2% | 23.5% | 27.4% | 27.5% | 25.2% | 27.1% |
| PAT margin % | 26.3% | 18.1% | 13.9% | 19.4% | 21.8% | 21.8% | 20.5% | 22.5% |
| Working capital | ||||||||
| Receivable days | — | — | 78 | 70 | 63 | 67 | 59 | 63 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 25 | 33 | 22 | 23 | 18 | 29 |
| NWC days | — | — | 53 | 37 | 42 | 44 | 41 | 34 |
| Leverage | ||||||||
| Current ratio | — | — | 2.66 | 2.71 | 3.36 | 1.61 | 1.97 | 1.45 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0.17 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0.07 |
| Interest coverage | 784.5 | 38.9 | 46.8 | 77.6 | 133.4 | 188.5 | 251.3 | 111.3 |
| Asset turnover | — | — | 0.83 | 0.9 | 0.91 | 0.74 | 1.05 | 0.82 |
| Return ratios | ||||||||
| Return on assets % | — | — | 11.5% | 17.5% | 19.8% | 16.1% | 21.4% | 18.4% |
| Return on capital employed % | — | — | 23.5% | 30.1% | 35.5% | 33.3% | 36.8% | 36.4% |
| Return on equity % | — | — | 15.4% | 23.7% | 25.8% | 25.8% | 31.1% | 29% |
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.