Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 79.7% | 25.3% | 40.3% | -28.6% | 72.7% | 60.7% | 58.3% | -16.3% |
| EBIT margin % | 78.2% | 23.3% | 37.7% | -31.7% | 69.3% | 58.3% | 56.1% | -18.4% |
| PAT margin % | 20% | -21.3% | -16.7% | -63.4% | 19.2% | 8.3% | 8.6% | 10.1% |
| Working capital | ||||||||
| Receivable days | 0 | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | 0 | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 9.43 | 18.51 | 11.65 | — | 6.62 | — | 8.45 | — |
| Debt to equity | 3.01 | 2.66 | 1.63 | 2.12 | 1.82 | — | 1.9 | 1.45 |
| Interest coverage | 1.7 | 0.4 | 0.7 | -0.7 | 1.4 | 1.2 | 1.1 | -0.4 |
| Asset turnover | 0.1 | 0.15 | 0.13 | 0.12 | 0.13 | 0.13 | 0.11 | 0.15 |
| Return ratios | ||||||||
| Return on assets % | 2% | -3.2% | -2.1% | -7.6% | 2.5% | 1% | 0.9% | 1.5% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 8% | -12.1% | -5.8% | -25.1% | 7.2% | 3.6% | 3.3% | 3.7% |
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.