Consolidated figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | 85.5% | 84.3% | 83.5% | 89.7% |
| EBITDA margin % | 29.5% | 32.5% | 30.6% | 29.9% | 21.6% | -31.2% | 4.5% | 13.3% |
| EBIT margin % | 20.1% | 23.9% | 23.1% | 22.7% | 14.5% | -54.3% | -14.8% | 8.1% |
| PAT margin % | 1.3% | -6.5% | -1.5% | -14.3% | -25.7% | -957.5% | -347.7% | -30% |
| Working capital | ||||||||
| Receivable days | 16 | — | 16 | 22 | 18 | 72 | 31 | 23 |
| Inventory days | 17 | — | 22 | 21 | 103 | 187 | 97 | 93 |
| Payable days | 74 | — | 93 | 121 | 829 | 3,033 | 1,601 | 489 |
| NWC days | -41 | — | -55 | -77 | -708 | -2,774 | -1,474 | -374 |
| Leverage | ||||||||
| Current ratio | 0.2 | — | 0.22 | 0.2 | 0.14 | 0.06 | 0.06 | 0.6 |
| Debt to EBITDA | 15.24 | — | 13.59 | 14.48 | 22.25 | — | 185.43 | 7.37 |
| Debt to equity | 1.39 | — | 1.54 | 1.68 | 1.92 | 2.95 | 4.54 | 0.36 |
| Interest coverage | 0.5 | 0.7 | 1 | 0.6 | 0.4 | -0.4 | -0.1 | 0.5 |
| Asset turnover | 0.11 | — | 0.13 | 0.13 | 0.12 | 0.04 | 0.08 | 0.2 |
| Return ratios | ||||||||
| Return on assets % | 0.1% | — | -0.2% | -1.8% | -3% | -34.7% | -29.2% | -6% |
| Return on capital employed % | 3.4% | — | 5.3% | 3.7% | 3% | -2.2% | -1.2% | 3% |
| Return on equity % | 0.4% | — | -0.6% | -5.6% | -10.3% | -162.2% | -190.8% | -11.1% |
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.