Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 98.2% | 97.5% | 98.3% | — | — | — | — |
| EBITDA margin % | 49.1% | -43.3% | -35.8% | 47.8% | 64% | 63% | 47% |
| EBIT margin % | 46.3% | -46.8% | -40.1% | 42.8% | 59.9% | 58.6% | 42.8% |
| PAT margin % | -7.8% | -92.5% | -113.5% | -8.1% | 12.1% | 18.6% | 21% |
| Working capital | |||||||
| Receivable days | 24 | 34 | 57 | — | — | — | — |
| Inventory days | 855 | 626 | 1,034 | 34 | 36 | 36 | 23 |
| Payable days | — | — | 5,502 | — | — | — | — |
| NWC days | — | — | -4,410 | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | — | — | — | — | — |
| Debt to EBITDA | 8.91 | — | — | 8.49 | 4.22 | 3.14 | 3.63 |
| Debt to equity | 2.39 | 2.95 | 2.52 | 1.6 | 1.18 | 0.43 | 0.39 |
| Interest coverage | 0.9 | -0.8 | -0.6 | 1 | 2.3 | 2.4 | 2.3 |
| Asset turnover | 0.13 | 0.1 | 0.1 | 0.09 | 0.11 | 0.07 | 0.08 |
| Return ratios | |||||||
| Return on assets % | -1% | -9.4% | -11.4% | -0.7% | 1.3% | 1.4% | 1.6% |
| Return on capital employed % | — | — | — | — | — | — | — |
| Return on equity % | -4.3% | -51.1% | -62.5% | -3.2% | 5.3% | 4% | 4.9% |
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.