Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 51.2% | — | — | — | — | 56.9% | — | — |
| EBITDA margin % | 17.8% | -4.1% | -18.9% | -1.8% | 20.8% | 16.8% | 17.5% | 7.6% |
| EBIT margin % | 4.2% | -14% | -28.3% | -13% | 8.1% | 7.8% | -0.6% | -10.1% |
| PAT margin % | 5.8% | 0.5% | 9.4% | 42.9% | 9.5% | 8% | 4.4% | 8.4% |
| Working capital | ||||||||
| Receivable days | — | — | 601 | — | 200 | 370 | 444 | 325 |
| Inventory days | — | — | 4 | — | 1 | 3 | 0 | 0 |
| Payable days | — | — | 16 | — | 13 | 21 | 13 | 8 |
| NWC days | — | — | 589 | — | 188 | 351 | 431 | 317 |
| Leverage | ||||||||
| Current ratio | — | — | 14.95 | — | 5.34 | 2.65 | 4 | 2.26 |
| Debt to EBITDA | — | — | — | — | 0.09 | 3.28 | 5.04 | 18.83 |
| Debt to equity | — | — | 0.02 | — | 0.01 | 0.27 | 0.21 | 0.34 |
| Interest coverage | 3.6 | 1.7 | 5.6 | 37.2 | 17.7 | 4.4 | 1.6 | 1.1 |
| Asset turnover | — | — | 0.12 | — | 0.32 | 0.35 | 0.18 | 0.17 |
| Return ratios | ||||||||
| Return on assets % | — | — | 1.1% | — | 3% | 2.8% | 0.8% | 1.4% |
| Return on capital employed % | — | — | 2.3% | — | 4.8% | 6.3% | 3.9% | 2% |
| Return on equity % | — | — | 1.3% | — | 3.7% | 3.9% | 1.1% | 2% |
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.