Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | ||
| — |
| — |
| EBITDA margin % | 62.6% | 71.2% | 75.1% | 72.4% | 78.1% | 78% | 74.8% |
| EBIT margin % | 61.6% | 70.1% | 74.3% | 71.7% | 77.5% | 77.3% | 73.5% |
| PAT margin % | 14.4% | 17.7% | 20.2% | 19.8% | 27.2% | 26% | 25.1% |
| Working capital | |||||||
| Receivable days | — | — | — | — | — | — | — |
| Inventory days | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | — | — | — | — | — |
| Debt to EBITDA | — | 5.37 | 5.69 | — | 5.16 | 5.92 | 6.18 |
| Debt to equity | — | — | — | — | 2 | 2.32 | 2.43 |
| Interest coverage | 1.5 | 1.5 | 1.6 | 1.6 | 1.9 | 1.8 | 1.9 |
| Asset turnover | — | — | — | 0.14 | 0.16 | 0.15 | 0.15 |
| Return ratios | |||||||
| Return on assets % | — | — | — | 2.8% | 4.3% | 3.8% | 3.8% |
| Return on capital employed % | — | — | — | — | — | — | — |
| Return on equity % | — | — | — | 8.1% | 13.5% | 13% | 13.2% |
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.