Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | 78.3% | 60.9% | 80.3% |
| EBITDA margin % | -189.4% | -5.2% | — | — | 9.9% | -721.7% | 3.1% | 9.2% |
| EBIT margin % | -189.8% | -11% | — | — | 9.4% | -817.4% | 1.6% | -4.3% |
| PAT margin % | -148.2% | 73.9% | — | — | 9.2% | 447.8% | 35.1% | 53.5% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 37 | 13,489 | 491 | 877 |
| Inventory days | — | — | — | — | 44 | 45,990 | 299 | 1,296 |
| Payable days | — | — | — | — | 8 | 7,519 | 56 | 131 |
| NWC days | — | — | — | — | 73 | 51,960 | 734 | 2,042 |
| Leverage | ||||||||
| Current ratio | — | — | 1.09 | — | 1.05 | 3.04 | 7.61 | 6.27 |
| Debt to EBITDA | — | — | — | — | 2.27 | — | 9.96 | 8.54 |
| Debt to equity | — | — | 3.88 | — | 0.86 | 0.35 | 0.03 | 0.02 |
| Interest coverage | -383 | -1.6 | 4.7 | 4.3 | 9.5 | 7.7 | 14.5 | 16 |
| Asset turnover | — | — | 0 | — | 1.11 | 0 | 0.07 | 0.03 |
| Return ratios | ||||||||
| Return on assets % | — | — | 4.4% | — | 10.2% | 0.7% | 2.6% | 1.5% |
| Return on capital employed % | — | — | 18.9% | — | 32.7% | 2.5% | 6.2% | 2.3% |
| Return on equity % | — | — | 96.6% | — | 35.3% | 1.1% | 2.8% | 1.7% |
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.