Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| 93.8% |
| — |
| — |
| EBITDA margin % | 0.5% | 1.4% | -7,300% | -60.3% | -41.9% | -96.6% | -352.8% | -1,566.7% |
| EBIT margin % | -0.4% | -0.7% | -7,750% | -64.7% | -45% | -98.9% | -355.6% | -1,566.7% |
| PAT margin % | -0.2% | -0.7% | -7,450% | -63.8% | -40% | -3,029.5% | -600% | -1,633.3% |
| Working capital | ||||||||
| Receivable days | 658 | — | 3,71,205 | 6,180 | 4,432 | 825 | 4,228 | 48,910 |
| Inventory days | 4 | — | 27 | 22 | 18 | 0 | 0 | 1,978 |
| Payable days | 28 | — | 197 | 157 | 166 | 3,020 | 228 | 752 |
| NWC days | 634 | — | 3,71,035 | 6,044 | 4,285 | -2,194 | 4,000 | 50,136 |
| Leverage | ||||||||
| Current ratio | — | — | 5.27 | 4.6 | 4.08 | 0.9 | 1.01 | 2.84 |
| Debt to EBITDA | 16.2 | — | — | — | — | — | — | — |
| Debt to equity | 0.01 | — | 0.05 | 0.05 | 0.06 | 1.04 | 3.15 | 0.06 |
| Interest coverage | 0.7 | 0.3 | -48.7 | -17.5 | -20.3 | -17.3 | -56 | -11.5 |
| Asset turnover | 0.18 | — | 0 | 0.02 | 0.03 | 0.22 | 0.07 | 0 |
| Return ratios | ||||||||
| Return on assets % | -0% | — | -2.4% | -1.2% | -1% | -676.6% | -42.1% | -1% |
| Return on capital employed % | — | — | -2.5% | -1.2% | -1.1% | -1.7% | -57.7% | -2% |
| Return on equity % | -0% | — | -2.6% | -1.3% | -1.1% | -1,884.1% | -322.4% | -1.1% |
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.