Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -85.1% | -70% | -380% | -1,328.2% | -560% | -123.1% | — | -193.8% |
| EBIT margin % | -89.7% | -86.7% | -420% | -1,338.5% | -620% | -138.5% | — | -200% |
| PAT margin % | -82.8% | -80% | 1,070% | -1,084.6% | -60% | 123.1% | — | -506.3% |
| Working capital | ||||||||
| Receivable days | — | — | 37 | 9 | 146 | 281 | — | 365 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | — | 0 |
| Payable days | — | — | 0 | 0 | 0 | 0 | — | 0 |
| NWC days | — | — | 37 | 9 | 146 | 281 | — | 365 |
| Leverage | ||||||||
| Current ratio | — | — | 3.4 | 5.3 | 5.49 | 6.16 | 1.09 | 95 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | 0.33 | 0.27 | 0.27 | 0.24 | 0.24 | 0.24 |
| Interest coverage | — | -1.4 | 4.4 | -35.6 | — | — | — | — |
| Asset turnover | — | 1.88 | 0.01 | 0.04 | 0 | 0.01 | 0 | 0.02 |
| Return ratios | ||||||||
| Return on assets % | — | -150% | 13.1% | -41.6% | -0.3% | 1.4% | -1% | -7.6% |
| Return on capital employed % | — | — | 9.3% | -57.4% | -0.2% | 0.9% | -1.4% | 1.3% |
| Return on equity % | — | — | 18.6% | -55.3% | -0.4% | 1.9% | -1.3% | -9.5% |
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.