Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | 97.8% | 97.2% | 92.2% | 94.6% | 95% | — | — |
| EBITDA margin % | -8.2% | -60.3% | -6.8% | 43.3% | 274% | 152.2% | 42.5% | 85.4% |
| EBIT margin % | -8.2% | -101.3% | -13.1% | 34.9% | 268.4% | 148.5% | 29% | 98.1% |
| PAT margin % | -201.9% | -192.5% | -423.4% | 302.6% | 257.6% | 195.4% | 26.2% | 78.7% |
| Working capital | ||||||||
| Receivable days | 14 | 8 | 16 | 26 | — | — | — | — |
| Inventory days | 58 | 3,039 | 5,098 | 1,349 | 984 | 127 | 23 | — |
| Payable days | 10 | 540 | 801 | 1,178 | — | — | — | — |
| NWC days | 61 | 2,507 | 4,314 | 196 | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | — | — | 0 | 0 | — | 0.34 | — |
| Debt to equity | — | — | 0 | 0 | 0 | — | 0.01 | 0 |
| Interest coverage | -20.3 | -176.4 | -9.6 | 19.9 | 332.4 | 95.7 | 13.5 | -38.6 |
| Asset turnover | 0.06 | 0.06 | 0.03 | 0.03 | 0.04 | 0.08 | 0.04 | -0.04 |
| Return ratios | ||||||||
| Return on assets % | -11.6% | -12.3% | -14.2% | 10.1% | 11.5% | 16.3% | 1% | -2.8% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | -12.5% | -13.2% | -15.8% | 10.8% | 11.8% | 16.2% | 1% | -2.8% |
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.