Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | — | — | — | — | — | 24.7% | -13.7% | -31.8% |
| EBIT margin % | — | — | — | — | — | 13.7% | -22.9% | -44% |
| PAT margin % | — | — | — | — | — | 181.2% | 33.3% | -4.3% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | 60 | 12 | 2 |
| Inventory days | — | — | — | — | — | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | 37 | 14 | 5 |
| NWC days | — | — | — | — | — | 23 | -2 | -3 |
| Leverage | ||||||||
| Current ratio | — | — | 12.93 | 17.95 | 8.95 | 3.58 | 2.57 | 4.09 |
| Debt to EBITDA | — | — | — | — | — | 0 | — | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 3 | 5.3 | 9.2 | 3.8 | 0.2 | 7.5 | 5.6 | 5.6 |
| Asset turnover | — | — | 0 | 0 | 0 | 0.08 | 0.07 | 0.06 |
| Return ratios | ||||||||
| Return on assets % | — | — | 7.5% | -220.4% | 0.8% | 14.1% | 2.4% | -0.3% |
| Return on capital employed % | — | — | 3.1% | 2% | 0.2% | 9% | 5.2% | 2.4% |
| Return on equity % | — | — | 7.9% | -262.9% | 1% | 17.1% | 2.9% | -0.3% |
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.