Standalone figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | |||||
| 10.9% |
| 13.3% |
| 12.8% |
| 15.7% |
| 11.8% |
| EBIT margin % | 7.6% | 11% | 7.9% | 9.5% | 3.6% |
| PAT margin % | 17.8% | 24.6% | 25.5% | 26.6% | 19.7% |
| Working capital | |||||
| Receivable days | 79 | 95 | 78 | 83 | 84 |
| Inventory days | 1 | 0 | 0 | 0 | 0 |
| Payable days | 57 | 52 | 50 | 55 | 43 |
| NWC days | 22 | 43 | 28 | 28 | 41 |
| Leverage | |||||
| Current ratio | 3.37 | 3.98 | 4.48 | 4.87 | 4.91 |
| Debt to EBITDA | 0 | 0 | 0 | 0.01 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 737.1 | 1,455.3 | 46.1 | 47.8 | 50.9 |
| Asset turnover | 0.68 | 0.67 | 0.55 | 0.57 | 0.55 |
| Return ratios | |||||
| Return on assets % | 12.1% | 16.5% | 14.1% | 15.1% | 10.9% |
| Return on capital employed % | 17.6% | 23.4% | 23.3% | 23.7% | 18.3% |
| Return on equity % | 15.5% | 20.2% | 17.5% | 18.4% | 13.1% |
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.