Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 0.8% | 0.9% | 1% | 1.5% | 1.5% | 1.9% | 2.1% |
| EBITDA margin % | -1.5% | -2.3% | 0.2% | -1.5% | -0.4% | -13.8% | -4.7% |
| EBIT margin % | -1.6% | -2.4% | 0.1% | -1.7% | -0.5% | -14% | -5% |
| PAT margin % | 0.8% | -1.8% | 0.4% | 0.4% | 3.3% | -9.8% | 3.3% |
| Working capital | |||||||
| Receivable days | — | 240 | 135 | 215 | 252 | 172 | 162 |
| Inventory days | — | 0 | 1 | 2 | 2 | 28 | 1 |
| Payable days | — | 50 | 34 | 11 | 17 | 27 | 26 |
| NWC days | — | 190 | 102 | 206 | 238 | 173 | 138 |
| Leverage | |||||||
| Current ratio | — | 2.13 | 3.5 | 6.06 | 12.67 | 3.98 | 3.85 |
| Debt to EBITDA | — | — | 46.5 | — | — | — | — |
| Debt to equity | — | 0.97 | 0.32 | 0.24 | 0.07 | 0.24 | 0.09 |
| Interest coverage | 2.1 | 0 | 1.6 | 1.6 | 4.3 | -14.6 | 0.5 |
| Asset turnover | — | 1.22 | 1.92 | 0.94 | 0.74 | 0.64 | 0.76 |
| Return ratios | |||||||
| Return on assets % | — | -2.2% | 0.8% | 0.4% | 2.4% | -6.3% | 2.5% |
| Return on capital employed % | — | 0.1% | 3.6% | 1.5% | 2.1% | -6.6% | 0.4% |
| Return on equity % | — | -5.3% | 1.4% | 0.4% | 2.7% | -8.6% | 2.9% |
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.