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Standalone figures
| Ratio | Mar 2025 | Mar 2026 |
|---|---|---|
| Margins | ||
| Gross margin % | 67.6% | 66.2% |
| EBITDA margin % | -14.5% | -13.7% |
| EBIT margin % | -14.8% | -14% |
| PAT margin % | -12.7% | -7.3% |
| Working capital | ||
| Receivable days | — | — |
| Inventory days | 120 | 96 |
| Payable days | — | — |
| NWC days | — | — |
| Leverage | ||
| Current ratio | 1.75 | 1.51 |
| Debt to EBITDA | — | — |
| Debt to equity | — | — |
| Interest coverage | -56.5 | — |
| Asset turnover | 1.84 | 1.43 |
| Return ratios | ||
| Return on assets % | -23.4% | -10.5% |
| Return on capital employed % | -48.5% | -21.5% |
| Return on equity % | — | — |
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.