Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 90.7% | 88.6% | 86.7% | 73.3% | 85.8% | 90% | 91.5% | 89.3% |
| EBIT margin % | 90.3% | 87.7% | 85.8% | 72.3% | 84.6% | 88.8% | 89.8% | 87.3% |
| PAT margin % | 20.9% | 22.2% | 21.9% | 15% | 24.6% | 27.3% | 27.4% | 26.5% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | 0 | — | — | — | — |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 0 | 0 | — | — | — | — |
| NWC days | — | — | 0 | 0 | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 8.67 | 8.48 | 0 | 0 | 9.01 | 7.8 | 7.22 | 7.63 |
| Debt to equity | 6 | 5.52 | — | — | 3.83 | 3.58 | 3.25 | 3.02 |
| Interest coverage | 1.5 | 1.4 | 1.5 | 1.4 | 1.6 | 1.6 | 1.6 | 1.6 |
| Asset turnover | 0.11 | 0.11 | — | — | 0.1 | 0.11 | 0.11 | 0.11 |
| Return ratios | ||||||||
| Return on assets % | 2.3% | 2.5% | — | — | 2.5% | 3% | 3.1% | 2.9% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 16% | 16.3% | — | — | 12.2% | 13.9% | 13.5% | 11.8% |
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.