Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 20.6% | 15.8% | 28.5% | 25% | 21.8% | 23.2% | 25.3% | 25.8% |
| EBIT margin % | 19.6% | 12.8% | 25.5% | 22.7% | 19.3% | 20.9% | 23.1% | 23.4% |
| PAT margin % | 16.5% | 11% | 18.8% | 21.1% | 18.1% | 20.2% | 21.2% | 19.1% |
| Working capital | ||||||||
| Receivable days | 149 | — | 129 | 131 | 145 | 130 | 137 | 164 |
| Inventory days | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 16 | — | 17 | 23 | 17 | 18 | 17 | 17 |
| NWC days | 133 | — | 112 | 108 | 129 | 112 | 120 | 147 |
| Leverage | ||||||||
| Current ratio | 2.61 | — | 3.06 | 3.13 | 2.85 | 3.49 | 3.86 | 3.7 |
| Debt to EBITDA | 0.61 | — | 0 | 0.03 | 0.02 | 0.17 | 0 | 0 |
| Debt to equity | 0.16 | — | 0 | 0.01 | 0 | 0.04 | 0 | 0 |
| Interest coverage | 16.6 | 9.7 | 33.2 | 59.3 | 52.1 | 73.8 | 85.3 | 79.7 |
| Asset turnover | 0.84 | — | 0.73 | 0.7 | 0.73 | 0.74 | 0.73 | 0.64 |
| Return ratios | ||||||||
| Return on assets % | 13.8% | — | 13.7% | 14.8% | 13.1% | 14.9% | 15.4% | 12.3% |
| Return on capital employed % | 29.6% | — | 26.4% | 26.3% | 23.1% | 26.2% | 27.9% | 24.9% |
| Return on equity % | 20.6% | — | 19% | 20.2% | 18% | 20.6% | 20.8% | 16.9% |
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.