Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | 36% | 28.8% | 14.1% | 6.3% | 2% | 5% |
| EBIT margin % | 31.9% | 24.3% | 8.8% | 0% | -4.3% | -2.5% |
| PAT margin % | 24.5% | 20.9% | 5.6% | -1.5% | 1.6% | -7.1% |
| Working capital | ||||||
| Receivable days | 6 | 8 | 12 | 3 | 37 | 9 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 293 | 137 | 57 | 51 | 67 | 19 |
| NWC days | -287 | -129 | -45 | -48 | -30 | -10 |
| Leverage | ||||||
| Current ratio | 0.13 | 0.19 | 0.23 | 0.49 | 1.01 | 0.62 |
| Debt to EBITDA | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 20.6 | — | — | — | — | — |
| Asset turnover | 1.21 | 1.23 | 1.17 | 1.07 | 0.96 | 1.09 |
| Return ratios | ||||||
| Return on assets % | 29.8% | 25.8% | 6.5% | -1.6% | 1.5% | -7.7% |
| Return on capital employed % | 153.2% | 74.3% | 18% | 2.1% | 3.7% | -1.6% |
| Return on equity % | 132.1% | 49.7% | 9.5% | -2.3% | 2.2% | -10.4% |
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.