Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -316% | — | — | — | 96.3% | 94.2% | 88.2% | 105.1% |
| EBIT margin % | -318.7% | — | — | — | 96.2% | 94% | 87.8% | 105.2% |
| PAT margin % | -388.3% | — | — | — | 98.3% | 89.7% | 77% | 98.7% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 235 | 197 | 86 | — |
| Inventory days | — | — | — | — | 5,873 | 5,224 | 5,566 | — |
| Payable days | — | — | — | — | 20 | 18 | 19 | — |
| NWC days | — | — | — | — | 6,087 | 5,403 | 5,633 | — |
| Leverage | ||||||||
| Current ratio | — | — | 79.55 | 44.25 | 306.59 | 5.9 | 179.67 | 256.6 |
| Debt to EBITDA | — | — | — | — | 0 | 0 | 0 | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | — | — | 0 | 0 | 0.06 | 0.04 | 0.02 | -0.05 |
| Return ratios | ||||||||
| Return on assets % | — | — | 0.1% | 0.9% | 6.2% | 3.8% | 1.5% | -5.1% |
| Return on capital employed % | — | — | 0.3% | 1.1% | 6.7% | 4.4% | 2% | -5.2% |
| Return on equity % | — | — | 0.1% | 0.9% | 6.2% | 3.9% | 1.5% | -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.