Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 71.1% | 83.5% | 84.8% | 84.5% | 95.5% | 87.1% | 86.8% | 81.2% |
| EBITDA margin % | 28.8% | 15.8% | 67.1% | 81.8% | 93.7% | 84.3% | 51% | 74.8% |
| EBIT margin % | 28.8% | 15.7% | 67.1% | 81.7% | 93.7% | 84.3% | 51% | 74.7% |
| PAT margin % | 23.4% | 33% | 66.3% | 70.8% | 70.5% | 63.7% | 36.7% | 56.1% |
| Working capital | ||||||||
| Receivable days | 26 | 0 | — | — | — | — | — | — |
| Inventory days | 69 | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 3.13 | 0.16 | — | 0 | 0 | 0 | 0 | 0.04 |
| Debt to equity | 0.09 | 0 | — | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 351.3 | — | — | — | 142.3 | 466.3 | 2,130.3 | 189.1 |
| Asset turnover | 0.08 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | 1.9% | 0.6% | 0.7% | 0.7% | 1% | 0.4% | 0.2% | 0.3% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 2.3% | 0.6% | 0.8% | 0.8% | 1.2% | 0.4% | 0.3% | 0.4% |
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.