Standalone figures
| Ratio | Sep 2020 | Mar 2021 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 59% | 55% | 52.7% | 51.5% | 51.4% | 54.1% | 35.6% | 35% |
| EBITDA margin % | 10% | 11.2% | 11.3% | 10.8% | 12.5% | 13.5% | 10.7% | 10.1% |
| EBIT margin % | 7.5% | 8.9% | 9.5% | 9.4% | 11.2% | 12.4% | 9.5% | 9% |
| PAT margin % | 7.7% | 8.5% | 8.5% | 10.3% | 10.6% | 13% | 13.1% | 11.6% |
| Working capital | ||||||||
| Receivable days | — | — | 97 | 87 | 89 | 71 | 59 | 57 |
| Inventory days | — | — | 94 | 98 | 95 | 92 | 64 | 56 |
| Payable days | — | — | 206 | 197 | 169 | 172 | 125 | 93 |
| NWC days | — | — | -15 | -12 | 15 | -9 | -3 | 20 |
| Leverage | ||||||||
| Current ratio | — | — | 1.97 | 1.93 | 2.11 | 2.32 | 2.66 | 2.68 |
| Debt to EBITDA | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 36 | 65.9 | 74 | 51.5 | 126.4 | 61.4 | 203.2 | 109.1 |
| Asset turnover | — | — | 0.75 | 0.76 | 0.84 | 0.84 | 0.82 | 1.11 |
| Return ratios | ||||||||
| Return on assets % | — | — | 6.3% | 7.8% | 8.9% | 10.9% | 10.8% | 12.9% |
| Return on capital employed % | — | — | 13% | 14.8% | 19.9% | 23.9% | 14.3% | 20.3% |
| Return on equity % | — | — | 10.7% | 13.2% | 14.7% | 17.5% | 15.5% | 18.8% |
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.