Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 54.2% | 55.8% | 15.9% | 61.1% | 68.6% | 73.6% | 33.7% | 52.7% |
| EBIT margin % | 52% | 52.8% | 13.5% | 58.4% | 65.5% | 71.7% | 32.1% | 51.3% |
| PAT margin % | — | 1.1% | -24.1% | 18.7% | 35.3% | 54.1% | -2.4% | 8% |
| Working capital | ||||||||
| Receivable days | — | — | — | 2 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | 8.55 | 28.28 | 8.09 | 8.36 | 6.59 | 18.33 | 13.44 |
| Debt to equity | — | — | — | 1.64 | 1.62 | 1.85 | 3.17 | 4.65 |
| Interest coverage | 1.4 | 1.1 | 0.3 | 1.7 | 2.2 | 2.4 | 0.9 | 1.3 |
| Asset turnover | — | — | — | 0.12 | 0.08 | 0.13 | 0.12 | 0.11 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | 2.3% | 3% | 7% | -0.3% | 0.9% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | — | — | — | 6.2% | 10% | 20.6% | -1.2% | 5.2% |
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.