Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -0.7% | 11.4% | -0.1% | 2.1% | 11.9% | 23.7% | 22.4% | 14.1% |
| EBIT margin % | -3.4% | 0.2% | -32.2% | -17.4% | 2.6% | 14.4% | 11.6% | 1.4% |
| PAT margin % | 0.6% | -0.7% | -39.7% | -23.8% | -0.6% | 11.9% | 9% | -2.8% |
| Working capital | ||||||||
| Receivable days | 5 | 3 | 5 | 5 | 3 | 3 | 3 | 3 |
| Inventory days | 3 | 3 | 8 | 6 | 4 | 4 | 5 | 5 |
| Payable days | 0 | — | 1 | 45 | 24 | 22 | 24 | 25 |
| NWC days | 7 | — | 13 | -35 | -16 | -14 | -16 | -17 |
| Leverage | ||||||||
| Current ratio | 2.26 | 1.37 | 1.1 | 0.9 | 1.1 | 1.16 | 1.48 | 1.51 |
| Debt to EBITDA | — | 0.61 | — | 7.12 | 0.35 | 0.12 | 0.1 | 0.15 |
| Debt to equity | 0.32 | 0.42 | 22.6 | -0.65 | -0.36 | 0.95 | 0.19 | 0.26 |
| Interest coverage | 0.7 | 0.9 | -1.7 | -1.6 | 0.9 | 2.9 | 2.5 | 1 |
| Asset turnover | 1.14 | 0.85 | 0.34 | 0.56 | 0.92 | 0.84 | 0.7 | 0.62 |
| Return ratios | ||||||||
| Return on assets % | 0.6% | -0.6% | -13.5% | -13.4% | -0.5% | 9.9% | 6.3% | -1.8% |
| Return on capital employed % | 2.3% | 7.6% | -14.8% | -15.9% | 9.6% | 28.2% | 19.1% | 6.4% |
| Return on equity % | 2.3% | -4% | -5,237.6% | 102.9% | 4.9% | 409.4% | 77.5% | -34.3% |
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.