Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 87.5% | 80.3% | 76.2% | 72.5% | 44.5% |
| EBITDA margin % | -44.2% | -17.1% | 0.4% | 3.2% | 2.2% |
| EBIT margin % | -47.7% | -23.3% | -4% | -1.1% | -0.7% |
| PAT margin % | -29.2% | -13.7% | 2.9% | 2.6% | 0.7% |
| Working capital | |||||
| Receivable days | — | 24 | 24 | 35 | 12 |
| Inventory days | — | 22 | 11 | 12 | 26 |
| Payable days | — | 178 | 112 | 101 | 36 |
| NWC days | — | -133 | -77 | -54 | 2 |
| Leverage | |||||
| Current ratio | — | 7.52 | 2.62 | 3.52 | 2.77 |
| Debt to EBITDA | — | — | 0 | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 |
| Interest coverage | -125.5 | -19.8 | 5 | 5.5 | 2.6 |
| Asset turnover | — | 0.33 | 0.52 | 0.57 | 1.33 |
| Return ratios | |||||
| Return on assets % | — | -4.5% | 1.5% | 1.5% | 0.9% |
| Return on capital employed % | — | -4.8% | 1.8% | 3.2% | 3% |
| Return on equity % | — | -5% | 1.7% | 1.7% | 1.2% |
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.