Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | — | — |
| EBITDA margin % | 17.4% | 22.6% | 25.3% | 21.9% | 23.2% | 30.1% | 26.8% |
| EBIT margin % | 15.6% | 21.3% | 24.2% | 20.5% | 21.5% | 28.6% | 25.4% |
| PAT margin % | 14.7% | 20.2% | 21.7% | 20.5% | 20% | 26.3% | 23% |
| Working capital | |||||||
| Receivable days | — | — | — | 292 | 335 | 364 | 399 |
| Inventory days | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | 440 | 535 | 479 | 548 |
| NWC days | — | — | — | -149 | -200 | -115 | -149 |
| Leverage | |||||||
| Current ratio | — | — | — | 1.86 | 1.85 | 2.03 | 1.99 |
| Debt to EBITDA | — | — | — | 0.07 | 0.37 | 0.21 | 0.59 |
| Debt to equity | — | — | — | 0.01 | 0.04 | 0.03 | 0.07 |
| Interest coverage | 20.3 | 27.7 | 37.7 | 25.2 | 26.9 | 19.1 | 22.5 |
| Asset turnover | — | — | — | 0.3 | 0.28 | 0.31 | 0.26 |
| Return ratios | |||||||
| Return on assets % | — | — | — | 6.1% | 5.7% | 8% | 6% |
| Return on capital employed % | — | — | — | 13.8% | 14% | 18.7% | 14.9% |
| Return on equity % | — | — | — | 10% | 10% | 13.2% | 10.4% |
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.