Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | — | -44.4% | 16.2% | 15.5% | 15.9% | 10.9% | 10.2% | 10.3% |
| EBIT margin % | — | -44.4% | 16.2% | 15.2% | 15.5% | 10.3% | 9.6% | 9.7% |
| PAT margin % | — | 11.3% | 6.6% | 6.9% | 6.7% | 5.3% | 7.7% | 6.6% |
| Working capital | ||||||||
| Receivable days | — | 128 | 27 | 40 | 58 | 32 | 31 | 46 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| NWC days | — | 125 | 27 | 40 | 58 | 32 | 31 | 46 |
| Leverage | ||||||||
| Current ratio | — | 3.76 | 2.77 | 3.39 | 2.59 | 2.28 | 3.63 | 3.69 |
| Debt to EBITDA | — | — | 3.21 | 2.93 | 2.51 | 2.8 | 1.92 | 1.86 |
| Debt to equity | — | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 12.6 | 1.8 | 2.2 | 2.6 | 3.3 | 3.1 | 4.4 | 5.1 |
| Asset turnover | — | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | 112.5% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Return on capital employed % | — | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Return on equity % | — | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
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.