Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 83.6% | — | 42.3% | -80.9% | 96.2% | 7.1% | 32% |
| EBITDA margin % | -136.7% | -361% | -34.1% | -102.8% | 43.6% | -8.6% | 4.4% |
| EBIT margin % | -137.4% | -366.4% | -34.4% | -102.9% | 36.3% | -13.2% | 4% |
| PAT margin % | -256.6% | -679.4% | 9.9% | -12.9% | 368.5% | -10.4% | 1.7% |
| Working capital | |||||||
| Receivable days | — | 1,109 | — | 36 | 84 | 81 | 64 |
| Inventory days | — | 7,677 | — | 746 | 78,591 | 808 | 490 |
| Payable days | — | 392 | — | 27 | 3,405 | 71 | 18 |
| NWC days | — | 8,394 | — | 755 | 75,271 | 818 | 537 |
| Leverage | |||||||
| Current ratio | — | 1.73 | — | 1.36 | 2.2 | 1.88 | 1.45 |
| Debt to EBITDA | — | — | — | — | 12.99 | — | 10.72 |
| Debt to equity | — | 1.39 | — | 1.25 | 0.4 | 0.39 | 0.18 |
| Interest coverage | -0.5 | 0.1 | -0.1 | -11.2 | 16.6 | -1.1 | 1.4 |
| Asset turnover | — | 0 | — | 0.08 | 0.04 | 0.13 | 0.25 |
| Return ratios | |||||||
| Return on assets % | — | -2.3% | — | -1.1% | 14.4% | -1.4% | 0.4% |
| Return on capital employed % | — | 0.4% | — | -10.8% | 21.6% | -1.5% | 2.4% |
| Return on equity % | — | -12.5% | — | -4.2% | 26.3% | -2.4% | 0.7% |
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.