Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | 94.9% | — | — | — | — | — | — |
| EBITDA margin % | 66.9% | 59.6% | -20.7% | -38.3% | 94.3% | 65.7% | 72.2% | 65.5% |
| EBIT margin % | 62.9% | 54% | -28.8% | -45.7% | 93.9% | 63.6% | 70.4% | 62.1% |
| PAT margin % | 25.6% | 17.1% | -77.3% | -97.3% | 72.9% | 35.6% | 48% | 33.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | — | — |
| Inventory days | — | — | 250 | 401 | 488 | 478 | 678 | 2,321 |
| Payable days | — | — | 0 | 21 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | 4.6 | — | — | 0.19 | 1.84 | 1.37 | 2.65 |
| Debt to equity | — | — | 0.17 | 0.52 | 0.17 | 0.17 | 0.15 | 0.17 |
| Interest coverage | 2.4 | 1.9 | -0.7 | -0.9 | 72.3 | 3.9 | 5.8 | 3.6 |
| Asset turnover | — | — | 0.06 | 0.05 | 0.78 | 0.12 | 0.13 | 0.08 |
| Return ratios | ||||||||
| Return on assets % | — | — | -4.6% | -5.3% | 56.6% | 4.2% | 6.2% | 2.5% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | — | — | -6.4% | -10% | 68% | 5% | 7.4% | 3.3% |
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.