Standalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | 24.8% | — | 43.6% | 12.6% | 35.3% | 41.2% |
| EBITDA margin % | 86.2% | 38.9% | -4.2% | -24.7% | 25.7% | 4.4% | -1.4% | 14.9% |
| EBIT margin % | 85.7% | 37% | -5.4% | -33.3% | 23.5% | 3.6% | -3.4% | 13% |
| PAT margin % | 69.5% | 38.2% | -4.5% | -34% | 18.7% | 3.7% | -5.2% | 11.5% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | 0 | 0 | 42 | 0 | — |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | — |
| Payable days | — | — | 0 | 0 | 0 | 15 | 0 | — |
| NWC days | — | — | 0 | 0 | 0 | 27 | 0 | — |
| Leverage | ||||||||
| Current ratio | — | — | 101.9 | 71.42 | 500.88 | 5.56 | 14.38 | 16.89 |
| Debt to EBITDA | — | — | — | — | 0.25 | 0.35 | — | 0.06 |
| Debt to equity | — | — | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Interest coverage | — | 155 | — | -18 | 46.7 | 17 | -1.8 | 41.8 |
| Asset turnover | — | — | 0.05 | 0.01 | 0.07 | 0.15 | 0.06 | 0.06 |
| Return ratios | ||||||||
| Return on assets % | — | — | -0.2% | -0.3% | 1.4% | 0.5% | -0.3% | 0.7% |
| Return on capital employed % | — | — | -0.3% | -0.4% | 1.7% | 0.7% | -0.2% | 0.8% |
| Return on equity % | — | — | -0.2% | -0.3% | 1.4% | 0.6% | -0.3% | 0.7% |
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.