Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 81.3% | — | 39.2% | -10.6% | -2,500% | -1,500% | — | 83.6% |
| EBITDA margin % | -1.3% | -100.9% | 0.1% | -65.7% | -11,209.1% | -24,550% | — | 33.2% |
| EBIT margin % | -16.5% | -115.2% | -17.1% | -79.9% | -12,436.4% | -26,300% | — | 28.8% |
| PAT margin % | 45.7% | -130% | -52% | -108.3% | 86,227.3% | -1,08,050% | — | 41.5% |
| Working capital | ||||||||
| Receivable days | — | — | 180 | — | 1,560 | 0 | — | — |
| Inventory days | — | — | 91 | — | 0 | 0 | — | 990 |
| Payable days | — | — | 133 | — | 3,958 | 35,371 | — | — |
| NWC days | — | — | 138 | — | -2,398 | -35,371 | — | — |
| Leverage | ||||||||
| Current ratio | — | — | 0.81 | — | 0.32 | 0.36 | 0.08 | — |
| Debt to EBITDA | — | — | 2,196.21 | — | — | — | — | 1.66 |
| Debt to equity | — | — | 0.75 | — | -0.96 | -1.04 | -0.95 | 0.15 |
| Interest coverage | 3.6 | -1.1 | 0.4 | -1.2 | 2 | -0.1 | -0.1 | 6.7 |
| Asset turnover | — | — | 0.1 | — | 0 | 0 | 0 | 0.2 |
| Return ratios | ||||||||
| Return on assets % | — | — | -5.4% | — | 252.3% | -47.4% | -286.7% | 8.3% |
| Return on capital employed % | — | — | 8.6% | — | -1,980.6% | -31.7% | 6.4% | — |
| Return on equity % | — | — | -21.3% | — | -42.5% | 9.2% | 24.7% | 11.2% |
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.