Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | — | — |
| EBITDA margin % | 9.3% | 10.6% | 16.3% | 4.3% | 11.1% | 13.1% | 7.3% |
| EBIT margin % | -11.1% | -10.4% | 11.3% | -0.6% | 6.6% | 10.6% | 5.7% |
| PAT margin % | -12.7% | -17.5% | 6.5% | -3.7% | 1.4% | 5.5% | 0.2% |
| Working capital | |||||||
| Receivable days | — | 69 | 64 | 66 | 63 | 67 | 68 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 33 | 34 | 25 | 26 | 29 | 37 |
| NWC days | — | 36 | 30 | 41 | 37 | 39 | 30 |
| Leverage | |||||||
| Current ratio | — | 1.67 | 0.76 | 1.19 | 1.56 | 1.52 | 1.5 |
| Debt to EBITDA | — | 3.04 | 1.29 | 4.96 | 1.92 | 0.76 | 0.91 |
| Debt to equity | — | -5.9 | 12.19 | -12.61 | 76.96 | 1.61 | 0.89 |
| Interest coverage | -2.2 | -1.7 | 3.8 | 0.2 | 1.7 | 3.2 | 2.8 |
| Asset turnover | — | 1.56 | 1.87 | 1.54 | 1.73 | 1.96 | 1.93 |
| Return ratios | |||||||
| Return on assets % | — | -27.3% | 12.1% | -5.7% | 2.4% | 10.7% | 0.3% |
| Return on capital employed % | — | -21.6% | 88.7% | 4.5% | 20.5% | 36.6% | 22.7% |
| Return on equity % | — | 321.5% | 376.6% | 216.7% | 499.1% | 88.9% | 2.2% |
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.