Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 86.9% | 91.5% | 96.3% | 97.3% | 97.6% | 96.4% | 95.4% | 88.5% |
| EBIT margin % | 85.1% | 91.2% | 96.1% | 97.1% | 97.5% | 96.4% | 95.3% | 88.4% |
| PAT margin % | 39.5% | 139.1% | 48.7% | 78.2% | 88.3% | 58.1% | 32.6% | 11% |
| Working capital | ||||||||
| Receivable days | 8 | 2 | 1 | 0 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 11.2 | 7.26 | 2.06 | 1.58 | — | — | 6.72 | 9.55 |
| Debt to equity | 0.05 | 0.16 | 0.04 | 0.04 | — | — | 0.12 | 0.15 |
| Interest coverage | 1.1 | 2.7 | 3.7 | 4.2 | 4.2 | 3.7 | 3.3 | 1.6 |
| Asset turnover | 0 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | 0.2% | 3.1% | 0.9% | 1.6% | 2% | 1% | 0.5% | 0.2% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 0.2% | 3.4% | 1% | 1.8% | 2.2% | 1.1% | 0.6% | 0.2% |
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.