Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 60.4% | 66.9% | 67.6% | 92.5% | 82.9% | 92.5% | 77.2% | 76.3% |
| EBIT margin % | 59.9% | 66.2% | 66.3% | 92.3% | 82.5% | 92.4% | 76.4% | 75.4% |
| PAT margin % | -5.4% | 14.9% | 67.7% | 76.1% | 64.7% | 83.1% | 19.2% | 17.8% |
| Working capital | ||||||||
| Receivable days | 0 | 0 | 0 | 0 | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 49 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 13.41 | 0 | 0 | — | — | 0 | 9.33 | 10.39 |
| Debt to equity | 0.2 | 0 | 0 | — | — | 0 | 4.41 | 4.82 |
| Interest coverage | 1.2 | 1.7 | 517.4 | 3,810.5 | 2,303.5 | 5,682 | 1.5 | 1.5 |
| Asset turnover | 0.02 | 0.02 | 0.01 | 0.04 | 0.02 | 0.06 | 0.11 | 0.1 |
| Return ratios | ||||||||
| Return on assets % | -0.1% | 0.3% | 0.8% | 3.4% | 1.4% | 5.1% | 2.1% | 1.8% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | -0.1% | 0.3% | 0.8% | 3.5% | 1.4% | 5.1% | 11.7% | 10.8% |
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.