Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | -15.4% | -696% | 61.6% | 1.9% | 9.1% | -13.1% |
| EBIT margin % | -46.2% | -721.3% | 50.3% | -30.2% | -15.2% | -27.4% |
| PAT margin % | 286.2% | -602.7% | 46.5% | -5.7% | -7.6% | -148.8% |
| Working capital | ||||||
| Receivable days | 17 | 15 | 57 | 220 | 33 | 104 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 |
| NWC days | 17 | 15 | 57 | 220 | 33 | 104 |
| Leverage | ||||||
| Current ratio | 0.98 | 1.26 | 1.43 | 1.36 | 0.55 | 10.21 |
| Debt to EBITDA | — | — | 2.09 | 213 | 41.67 | — |
| Debt to equity | 0.61 | 0.36 | 0.23 | 0.23 | 0.28 | 0.25 |
| Interest coverage | 11.4 | -38.3 | — | — | — | — |
| Asset turnover | 0.06 | 0.06 | 0.13 | 0.04 | 0.05 | 0.08 |
| Return ratios | ||||||
| Return on assets % | 17.5% | -36.6% | 6.1% | -0.2% | -0.4% | -11.7% |
| Return on capital employed % | 19.7% | -52.9% | 8.2% | -0.6% | -0.2% | 2.9% |
| Return on equity % | 32.2% | -55.9% | 8.4% | -0.3% | -0.6% | -15% |
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.