Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 85.5% | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | -31.5% | — | — | — | — | — | — | 17.2% |
| EBIT margin % | -37.5% | — | — | — | — | — | — | 4.4% |
| PAT margin % | -367.5% | — | — | — | — | — | — | -102.5% |
| Working capital | ||||||||
| Receivable days | 4 | — | — | — | — | — | — | 52 |
| Inventory days | — | — | — | — | — | — | — | 0 |
| Payable days | 78 | — | — | — | — | — | — | 35 |
| NWC days | — | — | — | — | — | — | — | 17 |
| Leverage | ||||||||
| Current ratio | 0.2 | 0.29 | 0.16 | 0.16 | 0.11 | 0.06 | 0.18 | 0.11 |
| Debt to EBITDA | — | — | — | — | — | — | — | 51.29 |
| Debt to equity | -0.59 | -0.44 | -0.38 | -0.37 | -0.35 | -0.33 | -0.84 | -0.83 |
| Interest coverage | -0.1 | -4.7 | -2.4 | -0.1 | -0.3 | -0.2 | -0.9 | 0.3 |
| Asset turnover | 1.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0.29 |
| Return ratios | ||||||||
| Return on assets % | -410.9% | -90.3% | -86.6% | -20.3% | -55.6% | -79% | 1,011.4% | -30.2% |
| Return on capital employed % | -15.4% | 37.5% | 15.2% | 0.9% | 1.6% | 0.8% | 21.3% | -3.8% |
| Return on equity % | 276.1% | 25.4% | 13.2% | 3.1% | 6% | 5.8% | -414.3% | 9.6% |
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.