Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | 2.2% | 2.6% | 2.2% | -4.8% |
| EBITDA margin % | — | — | — | — | -139.1% | -177.7% | -181.4% | -130.5% |
| EBIT margin % | — | — | — | — | -142.9% | -180.8% | -183.9% | -132.7% |
| PAT margin % | — | — | — | — | 110.8% | 67.7% | 204% | 278.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 30 | 37 | 37 | — |
| Inventory days | — | — | — | — | 2 | 0 | 0 | — |
| Payable days | — | — | — | — | 1,612 | 1,545 | 1,454 | — |
| NWC days | — | — | — | — | -1,580 | -1,507 | -1,417 | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 0.96 | 0.9 | 1.13 | — |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | 0.22 | 0.25 | 0.16 | — |
| Interest coverage | 6.8 | 52.7 | 52.2 | 157.4 | 47.5 | 5.3 | 23.1 | 25.8 |
| Asset turnover | — | — | — | — | 0.05 | 0.05 | 0.05 | — |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 5.2% | 3.2% | 9.9% | — |
| Return on capital employed % | — | — | — | — | 13.7% | 2.5% | 17.6% | — |
| Return on equity % | — | — | — | — | 10.9% | 6.4% | 17% | — |
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.