Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | -0.4% | 9.3% | — | — | — | — |
| EBITDA margin % | -0.1% | -2.4% | 50.8% | 73.5% | 77.9% | 39.5% |
| EBIT margin % | -0.1% | -2.4% | 49.3% | 72.4% | 77% | 36.8% |
| PAT margin % | 1.3% | 3.7% | 88.1% | -111.8% | 86.9% | 88.2% |
| Working capital | ||||||
| Receivable days | 259 | 503 | 5,290 | 67 | 58 | — |
| Inventory days | 11 | 6 | 0 | 0 | — | 0 |
| Payable days | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — |
| Leverage | ||||||
| Current ratio | 1.02 | 1.06 | 1.19 | 1.38 | 23.74 | 18.08 |
| Debt to EBITDA | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | — | — |
| Interest coverage | 116 | 31.6 | 7.1 | 19.2 | 12 | 8.5 |
| Asset turnover | 1.22 | 0.54 | 0.03 | 0.13 | 0.15 | 0.05 |
| Return ratios | ||||||
| Return on assets % | 1.6% | 2% | 2.7% | -14.4% | 13.2% | 4% |
| Return on capital employed % | 43.3% | 28% | 6.4% | 18% | 17.2% | 6.2% |
| Return on equity % | 32% | 13% | 6.4% | -19% | 15.7% | — |
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.