Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 22.5% | 26.4% | 28.4% |
| EBIT margin % | 20.6% | 23.9% | 25.3% |
| PAT margin % | 21.7% | 24.2% | 24.8% |
| Working capital | |||
| Receivable days | 24 | 33 | 41 |
| Inventory days | — | — | 0 |
| Payable days | — | — | 49 |
| NWC days | — | — | -8 |
| Leverage | |||
| Current ratio | 1.14 | 1.3 | 1.34 |
| Debt to EBITDA | — | — | 0 |
| Debt to equity | — | — | 0 |
| Interest coverage | 174 | 111 | 77.1 |
| Asset turnover | 0.56 | 0.48 | 0.4 |
| Return ratios | |||
| Return on assets % | 12.2% | 11.5% | 9.9% |
| Return on capital employed % | 21% | 24.4% | 23.3% |
| Return on equity % | 16.4% | 17.1% | 16% |
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.