Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 2.4% | -8.6% | 7.5% | 3.2% | 16.7% | 15.1% | 10.7% | 10.3% |
| EBIT margin % | 0% | -14.6% | 3.1% | -0.7% | 12.4% | 11.5% | 5.9% | 5.5% |
| PAT margin % | — | 0.4% | 14% | 11.8% | 12.2% | 61.5% | 5.6% | 1.3% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | — | — |
| Inventory days | — | — | 93 | 0 | 146 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | — | 5.06 | 1.74 | 0.8 | 0.67 | 6.15 | 4.31 |
| Debt to equity | — | — | 0.08 | 0.01 | 0.02 | 0.02 | 0.13 | 0.16 |
| Interest coverage | 3.8 | -1.1 | 8 | 7.9 | 2.7 | 7.4 | 6.3 | 2 |
| Asset turnover | — | — | 0.16 | 0.15 | 0.15 | 0.16 | 0.15 | 0.29 |
| Return ratios | ||||||||
| Return on assets % | — | — | 2.2% | 1.7% | 1.8% | 9.7% | 0.8% | 0.4% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | — | — | 2.8% | 2.1% | 2.2% | 13.1% | 1.1% | 0.5% |
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.