Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | — | — | — | — | — |
| EBITDA margin % | |||||
| 5.4% |
| 6.6% |
| 11.6% |
| 19.9% |
| 5.1% |
| EBIT margin % | -4.1% | -2.6% | 3.9% | 12.3% | -3% |
| PAT margin % | -33.1% | -77% | -3.5% | 0.8% | -5.2% |
| Working capital | |||||
| Receivable days | — | — | — | — | — |
| Inventory days | — | — | — | — | — |
| Payable days | — | — | — | — | — |
| NWC days | — | — | — | — | — |
| Leverage | |||||
| Current ratio | 1.44 | 0.56 | 1.54 | 1.53 | 1.46 |
| Debt to EBITDA | 76.25 | 61.22 | 10.76 | 6.12 | 25.34 |
| Debt to equity | 9.03 | -25.34 | 1.08 | 0.98 | 0.86 |
| Interest coverage | 0 | -0 | 0.5 | 1.2 | 0.5 |
| Asset turnover | 0.17 | 0.17 | 0.36 | 0.35 | 0.29 |
| Return ratios | |||||
| Return on assets % | -5.6% | -13.3% | -1.3% | 0.3% | -1.5% |
| Return on capital employed % | 0.2% | -0% | 2.2% | 7.5% | 2.5% |
| Return on equity % | -72.8% | 480.8% | -3% | 0.7% | -3.5% |
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.