Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 95.4% | 90.6% | — | — | — | 97.7% |
| EBITDA margin % | -26.3% | -6.7% | -26.9% | 4.5% | 1.9% | -6.6% |
| EBIT margin % | -30% | -9.7% | -29.6% | 0.5% | 0.2% | -8.4% |
| PAT margin % | -24.2% | -8.1% | -23.7% | 0% | 0.8% | -8.6% |
| Working capital | ||||||
| Receivable days | — | — | 14 | 14 | 9 | 11 |
| Inventory days | — | — | 25 | 29 | 26 | 909 |
| Payable days | — | — | 60 | 43 | 31 | 1,391 |
| NWC days | — | — | -21 | 0 | 5 | -471 |
| Leverage | ||||||
| Current ratio | — | — | 1.78 | 2.44 | 1.97 | 4.36 |
| Debt to EBITDA | — | — | — | 0 | 0.59 | — |
| Debt to equity | — | — | 0 | 0 | 0.04 | 0 |
| Interest coverage | — | — | — | 2.3 | 4.8 | -175 |
| Asset turnover | — | — | 1.62 | 1.98 | 2.44 | 1.58 |
| Return ratios | ||||||
| Return on assets % | — | — | -38.5% | 0% | 1.9% | -13.6% |
| Return on capital employed % | — | — | -73.1% | 2% | 2.3% | -16.9% |
| Return on equity % | — | — | -63.4% | 0% | 2.6% | -16.6% |
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.