Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 76.2% | 77.1% | 80.3% | 79.5% | 76.8% | 75.8% | 72.6% | 81.4% |
| EBIT margin % | 76.2% | 76.5% | 79.7% | 78.9% | 76.1% | 75.2% | 72.1% | 80.9% |
| PAT margin % | 27.7% | 32.7% | 33.1% | 33.1% | 30.8% | 29.7% | 26.5% | 34% |
| Working capital | ||||||||
| Receivable days | 1 | 0 | 0 | 0 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 5.2 | 5.48 | 5.44 | 5.63 | 6.11 | 5.98 | 6.77 | 5.98 |
| Debt to equity | 3.03 | 3.46 | 3.24 | 2.9 | 2.57 | 2.72 | 3.38 | 3.88 |
| Interest coverage | 2.3 | 2.3 | 2.3 | 2.3 | 2.2 | 2.1 | 2 | 2.3 |
| Asset turnover | 0.18 | 0.18 | 0.17 | 0.16 | 0.15 | 0.16 | 0.15 | 0.16 |
| Return ratios | ||||||||
| Return on assets % | 5% | 5.8% | 5.6% | 5.3% | 4.6% | 4.6% | 4% | 5.4% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 21.2% | 26.8% | 24.5% | 21.5% | 16.9% | 17.8% | 18.2% | 27.1% |
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.