Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 97.6% | 94.8% | 98.1% | — | — | — | — | — |
| EBITDA margin % | 44.1% | 41.4% | 53.3% | 71.2% | 66.2% | 54.1% | 49.2% | 59.5% |
| EBIT margin % | 12.2% | 6.4% | 20.2% | 47.2% | 38.7% | 19.8% | 17.8% | 39.8% |
| PAT margin % | -20.2% | -14.9% | -20.2% | 16.8% | 11.2% | -7.2% | -296.9% | -0.5% |
| Working capital | ||||||||
| Receivable days | 381 | — | 439 | 338 | 402 | 486 | 88 | 32 |
| Inventory days | 712 | — | 510 | 22 | 20 | 18 | 18 | 6 |
| Payable days | — | — | 10,239 | 475 | 467 | 406 | 308 | 266 |
| NWC days | — | — | -9,290 | -115 | -46 | 98 | -203 | -228 |
| Leverage | ||||||||
| Current ratio | 1.17 | — | 1.07 | 0.77 | 0.79 | 0.77 | 0.32 | 0.36 |
| Debt to EBITDA | 10.51 | — | 9.76 | 5.23 | 6.39 | 9.47 | 9.1 | 4.99 |
| Debt to equity | 1.62 | — | 1.82 | 1.63 | 1.53 | 1.52 | 36.89 | 35.13 |
| Interest coverage | 0.4 | 0.2 | 0.5 | 1.3 | 1.4 | 0.8 | 0.8 | 1.9 |
| Asset turnover | 0.1 | — | 0.09 | 0.12 | 0.11 | 0.09 | 0.17 | 0.26 |
| Return ratios | ||||||||
| Return on assets % | -2% | — | -1.8% | 2.1% | 1.2% | -0.6% | -50.8% | -0.1% |
| Return on capital employed % | 3.1% | — | 3.5% | 10.6% | 10% | 4.1% | 5.7% | 25% |
| Return on equity % | -7.1% | — | -7.1% | 7.4% | 4.1% | -2.1% | -2,449.9% | -6.1% |
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.