Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -79.2% | -78.6% | -39.9% | -45.1% | 19.4% | 42.6% | -461.6% | -63.5% |
| EBIT margin % | -91.5% | -94.7% | -52.6% | -53.4% | 15% | 39.8% | -501.9% | -75.1% |
| PAT margin % | 0.1% | -85.3% | -39.3% | -42.5% | 10.2% | 59.1% | 21.8% | 160.3% |
| Working capital | ||||||||
| Receivable days | 65 | 31 | 12 | 15 | 12 | 8 | 41 | 13 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 5 | 4 | 5 | 9 | 11 | 7 |
| NWC days | — | — | 7 | 11 | 7 | -1 | 30 | 6 |
| Leverage | ||||||||
| Current ratio | 15.49 | 14.3 | 11.05 | 12.39 | 7.53 | 9.38 | 11.98 | 12.47 |
| Debt to EBITDA | — | — | — | — | 0 | 0 | — | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 6.2 | -23.6 | 25.8 | -26.8 | 265.3 | 358.3 | 34.5 | 92 |
| Asset turnover | 0.05 | 0.05 | 0.05 | 0.05 | 0.1 | 0.15 | 0.01 | 0.03 |
| Return ratios | ||||||||
| Return on assets % | 0% | -4.2% | -2% | -2.3% | 1% | 8.9% | 0.2% | 5.5% |
| Return on capital employed % | 0.9% | -0.3% | 0.4% | -0.4% | 5.5% | 11.5% | 0.7% | 2.5% |
| Return on equity % | 0% | -4.3% | -2.1% | -2.4% | 1.1% | 9.4% | 0.2% | 5.7% |
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.