Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 16.4% | 18.1% | 25.2% | 7.5% | 24.7% | 26.7% | 20.2% | 14.3% |
| EBIT margin % | 14.3% | 15.5% | 22.5% | 4.4% | 21.8% | 24.9% | 18.4% | 12.5% |
| PAT margin % | 15.4% | 17.1% | 23% | 8.2% | 20.1% | 23.2% | 19.6% | 13.3% |
| Working capital | ||||||||
| Receivable days | — | — | 63 | 61 | 100 | 73 | 60 | 50 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 12 | 11 | 9 | 10 | 7 | 9 |
| NWC days | — | — | 51 | 50 | 91 | 63 | 53 | 42 |
| Leverage | ||||||||
| Current ratio | — | — | 3.11 | 2.09 | 2.07 | 2.07 | 1.93 | 2.09 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 189.8 | 105.3 | 127.1 | 69.5 | 168.7 | 270.3 | 293.1 | 122.9 |
| Asset turnover | — | — | 0.58 | 0.67 | 0.73 | 0.74 | 0.72 | 0.69 |
| Return ratios | ||||||||
| Return on assets % | — | — | 13.3% | 5.6% | 14.6% | 17.2% | 14.1% | 9.2% |
| Return on capital employed % | — | — | 22.6% | 9.3% | 29.7% | 35.2% | 26% | 18.7% |
| Return on equity % | — | — | 17.6% | 8.3% | 20.9% | 24.6% | 20% | 12.9% |
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.