Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | 90.7% | 87.6% | 84.9% |
| EBITDA margin % | 36.5% | 40.5% | 35.5% | 33.8% | 29.5% |
| EBIT margin % | 36% | 39.9% | 33.8% | 32.4% | 28.6% |
| PAT margin % | 34.5% | 21.1% | 29.7% | 25.1% | 25% |
| Working capital | |||||
| Receivable days | 29 | 35 | 82 | 100 | 70 |
| Inventory days | 0 | 0 | 0 | 0 | 41 |
| Payable days | 14 | 9 | 10 | 38 | 25 |
| NWC days | 14 | 26 | 72 | 62 | 86 |
| Leverage | |||||
| Current ratio | 3.06 | 1.55 | 4.45 | 5.56 | 5.24 |
| Debt to EBITDA | 0.03 | 0.17 | 0.21 | 0.14 | 0.07 |
| Debt to equity | 0.02 | 0.11 | 0.16 | 0.07 | 0.03 |
| Interest coverage | — | 2,369 | 79.8 | 63.6 | 88.8 |
| Asset turnover | 1.09 | 0.87 | 1.63 | 1.24 | 1.07 |
| Return ratios | |||||
| Return on assets % | 37.7% | 18.4% | 48.3% | 31% | 26.8% |
| Return on capital employed % | 50.4% | 53.8% | 56.2% | 57.9% | 46.3% |
| Return on equity % | 61% | 32.4% | 64% | 38.6% | 31% |
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.