Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | — | — | — | — | 52.7% | 11.8% | 27% | 22.6% |
| EBIT margin % | — | — | — | — | -6% | -2.1% | 6.3% | -3.4% |
| PAT margin % | — | — | — | — | 18.7% | -8% | -34.1% | 0% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 165 | 340 | 539 | 395 |
| Inventory days | — | — | — | — | — | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | 0 | 0 | 0 |
| NWC days | — | — | — | — | — | 340 | 539 | 395 |
| Leverage | ||||||||
| Current ratio | — | — | 6 | 0.02 | 1.54 | 1.89 | 1.96 | 1.75 |
| Debt to EBITDA | — | — | — | — | — | 8.36 | 23.47 | 28.61 |
| Debt to equity | — | — | -7.3 | 0.08 | — | 0.27 | 1.24 | 1.46 |
| Interest coverage | 0 | — | — | — | -1.3 | -0.4 | 0.2 | — |
| Asset turnover | — | — | 0 | 0 | 0.16 | 0.19 | 0.08 | 0.08 |
| Return ratios | ||||||||
| Return on assets % | — | — | 627.2% | -38.5% | 3% | -1.5% | -2.7% | 0% |
| Return on capital employed % | — | — | -57.1% | -28.6% | -1.1% | -0.5% | 1% | 0% |
| Return on equity % | — | — | -4,223.3% | -43.6% | 4% | -2.2% | -6.7% | 0% |
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.