Standalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 0.3% | -26.4% | 69.7% | 94.3% | — | 123.1% | 89.6% | 90.1% |
| EBIT margin % | 0.3% | -26.4% | 69.7% | 94.3% | — | 123% | 89.5% | 89.6% |
| PAT margin % | 1.8% | -27.1% | 52.9% | 73.7% | 97.5% | 121.2% | 93% | 76.2% |
| Working capital | ||||||||
| Receivable days | — | — | 9 | 3 | 0 | — | — | — |
| Inventory days | — | — | — | — | — | — | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | — | 2.82 | 1.02 | — | 0.15 | 0.21 | 1.36 |
| Debt to equity | — | — | 0.63 | 0.28 | 0.32 | 0.04 | 0.06 | 0.21 |
| Interest coverage | 1 | -22.6 | 8.6 | 28.9 | 0 | 46 | 89.4 | 12.3 |
| Asset turnover | — | — | 0.13 | 0.23 | 1.09 | 0.21 | 0.29 | 0.14 |
| Return ratios | ||||||||
| Return on assets % | — | — | 7% | 16.6% | 106.6% | 25.7% | 26.9% | 10.5% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | — | — | 16.9% | 21.4% | 143.3% | 28.4% | 29.1% | 13.2% |
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.