Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | 95.6% | — |
| EBITDA margin % | 9.9% | 13% | 11% | 8.7% |
| EBIT margin % | 8.2% | 11.4% | 9.9% | 7.2% |
| PAT margin % | 6.7% | 9.7% | 7.5% | 5.4% |
| Working capital | ||||
| Receivable days | 70 | 81 | 40 | 72 |
| Inventory days | 0 | 0 | 0 | 0 |
| Payable days | 46 | 12 | 176 | 19 |
| NWC days | 24 | 70 | -136 | 52 |
| Leverage | ||||
| Current ratio | 4.31 | 7.57 | 6.02 | 4.86 |
| Debt to EBITDA | 0.07 | 0.4 | 0.18 | 0.55 |
| Debt to equity | 0.01 | 0.05 | 0.03 | 0.08 |
| Interest coverage | 52 | 90.4 | 39.9 | 16.4 |
| Asset turnover | 1.08 | 0.77 | 1.39 | 1.3 |
| Return ratios | ||||
| Return on assets % | 7.2% | 7.5% | 10.5% | 7% |
| Return on capital employed % | 11.5% | 13.9% | 17.8% | 13% |
| Return on equity % | 9.6% | 9.2% | 12.9% | 9.1% |
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.