Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 17.5% | 42.9% | -100% |
| EBITDA margin % | 13.8% | -137.5% | -7,900% |
| EBIT margin % | 13.8% | -137.5% | -7,900% |
| PAT margin % | 77.2% | 1,123.2% | -44,250% |
| Working capital | |||
| Receivable days | 0 | 0 | 0 |
| Inventory days | 15 | 14,338 | 3,49,396 |
| Payable days | 0 | 992 | 13,231 |
| NWC days | 15 | 13,345 | 3,36,165 |
| Leverage | |||
| Current ratio | 2.23 | 3.4 | 3.07 |
| Debt to EBITDA | 0 | — | — |
| Debt to equity | 0 | 0.03 | 0.07 |
| Interest coverage | — | — | -113 |
| Asset turnover | 0.49 | 0.01 | 0 |
| Return ratios | |||
| Return on assets % | 37.9% | 9.5% | -9.2% |
| Return on capital employed % | 49.4% | 16.8% | -14.5% |
| Return on equity % | 46.1% | 11.1% | -15.7% |
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.