Standalone figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 10% | 28.1% | -149.2% | -226.1% | -206.1% | -504.5% | -1,310.7% | — |
| EBIT margin % | 8.9% | 27.2% | -150.1% | -228.3% | -207.4% | -507.1% | -1,314.7% | — |
| PAT margin % | 8% | 33.1% | -38.1% | 333.3% | 636.9% | 1,442.9% | -290.7% | — |
| Working capital | ||||||||
| Receivable days | 71 | 27 | 227 | 214 | — | 0 | — | — |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | — |
| Payable days | — | 32 | 41 | 50 | — | 14 | — | — |
| NWC days | — | — | 186 | 164 | — | -14 | — | — |
| Leverage | ||||||||
| Current ratio | — | — | 21.6 | 27.24 | — | 177.42 | — | — |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | 0.32 | 0.19 | 0.07 | 0.04 | 0.03 | 0.01 | 0.01 | 0 |
| Return ratios | ||||||||
| Return on assets % | 2.5% | 6.3% | -2.7% | 11.8% | 20.6% | 19.2% | -2.3% | 40.9% |
| Return on capital employed % | — | — | -4.3% | 11.6% | — | 19.3% | — | — |
| Return on equity % | 2.8% | 6.7% | -2.9% | 12.4% | 21.3% | 19.6% | -2.4% | 42% |
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.