Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | 7.5% | 13.1% | 14.6% | 3.3% |
| EBITDA margin % | — | — | — | — | 2.7% | 1.2% | 0.8% | -10.7% |
| EBIT margin % | — | — | — | — | 2.7% | 1% | 0.7% | -10.7% |
| PAT margin % | — | — | — | — | 2% | 0.9% | 1.1% | -10.6% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 97 | 59 | 198 | 355 |
| Inventory days | — | — | — | — | 22 | 61 | 57 | 72 |
| Payable days | — | — | — | — | 22 | 28 | 104 | 300 |
| NWC days | — | — | — | — | 97 | 92 | 151 | 127 |
| Leverage | ||||||||
| Current ratio | — | — | 0.66 | 300 | 7.27 | 8.27 | 3.49 | 1.65 |
| Debt to EBITDA | — | — | — | — | 16.33 | 0.12 | 34.9 | — |
| Debt to equity | — | — | -0.63 | 0 | 1.44 | 0 | 0.29 | 0.2 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | — | — | 0 | 0 | 1.22 | 1.11 | 0.64 | 0.3 |
| Return ratios | ||||||||
| Return on assets % | — | — | -2.4% | -0.3% | 2.4% | 1% | 0.7% | -3.2% |
| Return on capital employed % | — | — | -30% | -0.6% | 5.2% | 1.8% | 1.3% | -5.4% |
| Return on equity % | — | — | 1.3% | -0.3% | 6.5% | 1.1% | 1.2% | -5.1% |
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.