Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | 21.5% | 17.3% | 53.8% |
| EBITDA margin % | -11.1% | -11.8% | — | 11.1% | 8.9% | 3% | 14% |
| EBIT margin % | -11.1% | -11.8% | — | 11.1% | 8% | 1.5% | 13% |
| PAT margin % | -22.2% | 82.4% | — | -22.2% | 8.8% | 1.1% | 10.1% |
| Working capital | |||||||
| Receivable days | — | — | — | — | 398 | 251 | 342 |
| Inventory days | — | — | — | — | 99 | 37 | 32 |
| Payable days | — | — | — | — | 48 | 82 | 263 |
| NWC days | — | — | — | — | 449 | 205 | 111 |
| Leverage | |||||||
| Current ratio | 2.33 | 4 | 0.12 | 0.4 | 18.38 | 3.59 | 1.62 |
| Debt to EBITDA | — | — | — | 28.5 | 0 | 18.08 | 1.68 |
| Debt to equity | -1.57 | — | -1.7 | -2.11 | 0 | 0.18 | 0.19 |
| Interest coverage | -1 | -1 | -19 | 1 | 31.1 | 6.5 | 9 |
| Asset turnover | 1.29 | 0.68 | 0 | 0.51 | 0.24 | 0.24 | 0.46 |
| Return ratios | |||||||
| Return on assets % | -28.6% | 56% | -121.1% | -11.4% | 2.1% | 0.3% | 4.6% |
| Return on capital employed % | -25% | -12.9% | -13,69,09,42,86,72,06,30,800% | -7.4% | 2.6% | 1.5% | 13.6% |
| Return on equity % | 28.6% | — | 100% | 14.8% | 2.3% | 0.4% | 8.1% |
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.