Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 19.7% | 21% | 22% | 21.4% | 20.8% | 22.9% |
| EBITDA margin % | 12.4% | 10.9% | 12.4% | 12.7% | 11.5% | 12.2% |
| EBIT margin % | 10.5% | 9% | 10.2% | 10.6% | 9.6% | 10.1% |
| PAT margin % | 9.4% | 8.5% | 9.3% | 9.7% | 7.3% | 5.8% |
| Working capital | ||||||
| Receivable days | — | 94 | 72 | 97 | 74 | 75 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 110 | 61 | 78 | 69 | 53 |
| NWC days | — | -16 | 10 | 20 | 5 | 22 |
| Leverage | ||||||
| Current ratio | — | 2.52 | 2.28 | 2.06 | 2.11 | 3.85 |
| Debt to EBITDA | — | 0 | 0.24 | 0.68 | 0.84 | 0 |
| Debt to equity | — | 0 | 0.06 | 0.16 | 0.18 | 0 |
| Interest coverage | 59.5 | 38.8 | 19.7 | 17.1 | 11.9 | 46.2 |
| Asset turnover | — | 0.75 | 1.24 | 1.16 | 1.2 | 1.24 |
| Return ratios | ||||||
| Return on assets % | — | 6.4% | 11.5% | 11.2% | 8.7% | 7.2% |
| Return on capital employed % | — | 10% | 19.6% | 20.5% | 19.5% | 18.4% |
| Return on equity % | — | 10.2% | 18.3% | 18.1% | 13.7% | 9.3% |
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.