Standalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | 87.7% |
| EBITDA margin % | — | — | — | — | 87.5% | 26.5% | 68.1% | 79.9% |
| EBIT margin % | — | — | — | — | 87.5% | 18.8% | 66.2% | 79.2% |
| PAT margin % | — | — | — | — | 68.3% | 12.3% | 57.1% | 64.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 414 | 325 | 170 | 130 |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | 0 | 123 | 71 | 126 |
| NWC days | — | — | — | — | 414 | 202 | 99 | 4 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 6.38 | 1.23 | 2.58 | 0.73 |
| Debt to EBITDA | — | — | — | — | 0.03 | 2.8 | 0.67 | 0.12 |
| Debt to equity | — | — | — | — | 0.01 | 0.02 | 0.02 | 0 |
| Interest coverage | — | — | — | — | — | 5.2 | 90.2 | 70 |
| Asset turnover | — | — | — | — | 0.4 | 0.03 | 0.03 | 0.04 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 27.3% | 0.3% | 1.8% | 2.7% |
| Return on capital employed % | — | — | — | — | 43.1% | 1.1% | 4% | 5.2% |
| Return on equity % | — | — | — | — | 32.3% | 0.3% | 1.9% | 2.8% |
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.