Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 33.1% | — | — | — | — | — | — |
| EBITDA margin % | 19.4% | 6.5% | 19.2% | 53.1% | -331% | -482.7% | -897.8% |
| EBIT margin % | 6.6% | -30.2% | -13.1% | -14.7% | -489.5% | -490.1% | -941.6% |
| PAT margin % | -125.5% | -131.2% | -23.8% | 2,720.4% | -515.4% | 6,433.5% | -6,296.1% |
| Working capital | |||||||
| Receivable days | — | 23 | 27 | 79 | 337 | 538 | 262 |
| Inventory days | — | 17 | 12 | 34 | 0 | 6 | 23 |
| Payable days | — | 216 | 130 | 572 | 108 | 184 | 495 |
| NWC days | — | -176 | -90 | -459 | 229 | 360 | -210 |
| Leverage | |||||||
| Current ratio | — | 0.24 | 0.24 | 0.29 | 0.3 | 0.05 | 0.05 |
| Debt to EBITDA | — | 56.62 | 26.65 | 83.92 | — | — | — |
| Debt to equity | — | -0.36 | -0.34 | -0.99 | -0.94 | -0.69 | -0.78 |
| Interest coverage | 0.6 | -0.2 | 0.5 | 0.7 | -0.5 | 1.9 | 0.8 |
| Asset turnover | — | 0.23 | 0.28 | 0.06 | 0.02 | 0.03 | 0.01 |
| Return ratios | |||||||
| Return on assets % | — | -29.8% | -6.7% | 157.7% | -11.4% | 220.3% | -35.4% |
| Return on capital employed % | — | 3.8% | -6.1% | -4.3% | 1.8% | -19.2% | -14.7% |
| Return on equity % | — | 12.9% | 1.6% | -60.2% | 3.7% | -27.7% | 5.4% |
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.