Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 11.9% | 4.8% | 10.2% | 7.8% | 7.6% | 10.4% | 8.4% | 8.4% |
| EBITDA margin % | -9.7% | -14.4% | -2.6% | -7.7% | -4.2% | 0.4% | -5% | -4% |
| EBIT margin % | -13.2% | -15.6% | -3.4% | -8.4% | -5% | -0.3% | -5.6% | -4.5% |
| PAT margin % | — | — | — | 155% | -9.6% | 0.4% | -12% | -0.1% |
| Working capital | ||||||||
| Receivable days | — | — | 9 | 12 | — | 9 | — | — |
| Inventory days | — | — | 57 | 71 | 69 | 34 | 40 | 44 |
| Payable days | — | — | 29 | 21 | — | 13 | — | — |
| NWC days | — | — | 38 | 63 | — | 31 | — | — |
| Leverage | ||||||||
| Current ratio | — | — | 2.37 | 8.67 | — | 13.63 | — | — |
| Debt to EBITDA | — | — | — | — | — | 0 | — | — |
| Debt to equity | — | — | 0.05 | 0 | 0 | 0 | 0 | 0.03 |
| Interest coverage | -35.3 | -81.6 | -14.6 | -25.1 | -32.8 | 56.1 | -9.2 | -0.6 |
| Asset turnover | — | — | 1.87 | 0.49 | 0.86 | 1.2 | 1.14 | 1.41 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | 76.6% | -8.2% | 0.5% | -13.7% | -0.2% |
| Return on capital employed % | — | — | -6.5% | -5.7% | — | 5.3% | — | — |
| Return on equity % | — | — | — | 107.7% | -13.2% | 0.8% | -19.9% | -0.2% |
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.