Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 81.7% | 120.6% | 201.6% | 117.1% | 114.9% | 94.3% | 59.3% | 111.6% |
| EBIT margin % | 80.1% | 121.6% | 205.5% | 117.5% | 115.2% | 94.2% | 59% | 111.7% |
| PAT margin % | 65.4% | 120.9% | 201.1% | 117.5% | 114.4% | 92.3% | -1.6% | 111.6% |
| Working capital | ||||||||
| Receivable days | 8 | — | — | — | — | 179 | 462 | — |
| Inventory days | — | — | — | — | — | 0 | 0 | — |
| Payable days | 0 | — | — | — | — | 0 | 0 | — |
| NWC days | — | — | — | — | — | 179 | 462 | — |
| Leverage | ||||||||
| Current ratio | — | 21.7 | 19.37 | 0.06 | 0.03 | 6.76 | 1.76 | 0.84 |
| Debt to EBITDA | — | — | — | — | — | 0.13 | 3.54 | — |
| Debt to equity | — | 0 | 0 | 0.32 | 0.66 | 0.08 | 0.33 | 0.63 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | 0.12 | -0.17 | -0.03 | -0.32 | -0.34 | 0.58 | 0.11 | -0.45 |
| Return ratios | ||||||||
| Return on assets % | 8% | -20.9% | -6.9% | -37.1% | -39.1% | 53.9% | -0.2% | -50.3% |
| Return on capital employed % | — | -21.6% | -6.9% | -37.3% | -62.3% | 89.8% | 8.2% | -70.2% |
| Return on equity % | 8.3% | -21.7% | -7.2% | -51% | -78.6% | 60.4% | -0.3% | -96% |
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.