Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | 80.6% | — | — | ||||
| — |
| — |
| 24.8% |
| 23.7% |
| EBITDA margin % | 37.3% | -3.2% | -277.7% | — | -14,594.6% | -32.9% | 14% | -46.4% |
| EBIT margin % | 36.6% | -5.8% | -342.8% | — | -14,674.5% | -37% | 13.4% | -53.9% |
| PAT margin % | 90.6% | -23.5% | -2,342.8% | — | -14,271.2% | -8,530.5% | 12.5% | -68.7% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | — | 0 | 423 | 2 | 5 |
| Inventory days | — | — | 15 | — | 1 | 6 | 164 | 922 |
| Payable days | — | — | 0 | — | 2 | 6 | 124 | 568 |
| NWC days | — | — | 15 | — | -1 | 423 | 42 | 359 |
| Leverage | ||||||||
| Current ratio | — | — | 9.19 | — | 24.63 | 3.62 | 0.6 | 1.2 |
| Debt to EBITDA | — | — | — | — | — | — | 8.73 | — |
| Debt to equity | — | — | 0.06 | — | 0.02 | 0.09 | 0.25 | 0.17 |
| Interest coverage | 1.5 | 0.8 | 0.1 | -0.2 | -13.5 | 1.2 | 1.3 | -0.6 |
| Asset turnover | — | — | 0 | — | 0 | 0.01 | 0.13 | 0.03 |
| Return ratios | ||||||||
| Return on assets % | — | — | -2% | — | -5.8% | -98.1% | 1.7% | -1.8% |
| Return on capital employed % | — | — | 0.3% | — | -5.5% | 0.5% | 4.8% | -0.9% |
| Return on equity % | — | — | -2.2% | — | -5.9% | -108.7% | 2.6% | -2.5% |
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.