Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | -28.4% | 45.2% | 98.5% | 90.7% | 88.5% |
| EBITDA margin % | |||||
| -543.1% |
| 5.2% |
| 33.1% |
| 43.5% |
| 58.6% |
| EBIT margin % | -565.4% | -1.5% | 23.2% | 32.7% | 35.6% |
| PAT margin % | -381% | -11.4% | 15.1% | 30.2% | 39.3% |
| Working capital | |||||
| Receivable days | 3 | 49 | 336 | 429 | 321 |
| Inventory days | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 135 | 0 | 109 | 149 |
| NWC days | 3 | -86 | 336 | 320 | 172 |
| Leverage | |||||
| Current ratio | 2.62 | 2.12 | 4.52 | 4.8 | 1.43 |
| Debt to EBITDA | — | 31.85 | 3.58 | 0 | 0 |
| Debt to equity | -2.8 | -2.6 | 1.24 | 0 | 0 |
| Interest coverage | -12.6 | -0.1 | 2.8 | 17.4 | — |
| Asset turnover | 0.17 | 0.79 | 0.41 | 0.21 | 0.17 |
| Return ratios | |||||
| Return on assets % | -65.5% | -9% | 6.1% | 6.2% | 6.5% |
| Return on capital employed % | -69.1% | -0.9% | 13.2% | 13.7% | 10% |
| Return on equity % | 134.4% | 17.9% | 15.8% | 8.3% | 8% |
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.