Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | 38.5% | — | ||||
| — |
| 3% |
| -0.8% |
| 22.1% |
| EBITDA margin % | — | — | 2.7% | — | — | -2.5% | -11.8% | -11.8% |
| EBIT margin % | — | — | 2.7% | — | — | -2.5% | -11.8% | -11.8% |
| PAT margin % | — | — | 4.8% | — | — | 4.6% | 11.3% | 98.5% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | — | — | 152 | 0 | 0 |
| Inventory days | — | — | 74 | — | — | 0 | 30 | 0 |
| Payable days | — | — | — | — | — | 0 | 0 | 0 |
| NWC days | — | — | — | — | — | 152 | 30 | 0 |
| Leverage | ||||||||
| Current ratio | — | — | 9.57 | 14 | 9.4 | 35.7 | 28 | 2 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | — | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | — | — | 0.25 | — | — | 0.33 | 0.14 | 0.04 |
| Return ratios | ||||||||
| Return on assets % | — | — | 1.2% | 4.4% | 0.7% | 1.5% | 1.6% | 3.8% |
| Return on capital employed % | — | — | 1.9% | 5% | 3% | 2.4% | 1.5% | 4.7% |
| Return on equity % | — | — | 1.3% | 4.6% | 0.7% | 1.6% | 1.6% | 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.