Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 60% | 64% | 95.3% | 68.6% | 91.5% | ||
| 74.6% |
| 74.9% |
| EBITDA margin % | 41% | 43.9% | -122.6% | 38.1% | 81.5% | 48.1% | 49% |
| EBIT margin % | 2.2% | -2.2% | -133.3% | -21.7% | 54.5% | -14.4% | -12.7% |
| PAT margin % | -829.7% | -79.4% | -171.7% | -62.7% | 405.8% | 62.5% | -2.3% |
| Working capital | |||||||
| Receivable days | — | 258 | 173 | 359 | 349 | 340 | 409 |
| Inventory days | — | 608 | 1,647 | 1,171 | 1,845 | 1,915 | 2,585 |
| Payable days | — | 725 | 488 | 0 | 330 | 84 | 107 |
| NWC days | — | 142 | 1,332 | 1,530 | 1,864 | 2,171 | 2,888 |
| Leverage | |||||||
| Current ratio | — | 0.14 | 0.29 | 0.28 | 0.94 | 1.4 | 1.6 |
| Debt to EBITDA | — | 28.17 | — | 41.52 | 2.22 | 9.58 | 8.7 |
| Debt to equity | — | -1.96 | -2.53 | -2.13 | 1.52 | 1.49 | 1.48 |
| Interest coverage | 0.1 | 0 | -3.2 | -0.5 | 19.9 | 5.6 | 0.9 |
| Asset turnover | — | 0.12 | 0.41 | 0.1 | 0.29 | 0.12 | 0.13 |
| Return ratios | |||||||
| Return on assets % | — | -9.6% | -70.7% | -6.3% | 116% | 7.4% | -0.3% |
| Return on capital employed % | — | -0.3% | 90.4% | 1% | 41.6% | 8% | 3.1% |
| Return on equity % | — | 12.6% | 125.4% | 8.4% | 341.4% | 20.2% | -0.8% |
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.