Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 0% | 76% | 34.5% | 25.2% | 25.5% | 31.8% |
| EBITDA margin % | -172.5% | 8.4% | 13.2% | 9.3% | 7.9% | 6.6% |
| EBIT margin % | -172.5% | 6% | 12.6% | 8.7% | 7.2% | 5.3% |
| PAT margin % | 151.3% | 321.5% | 17.8% | 18.2% | 8.3% | 23.7% |
| Working capital | ||||||
| Receivable days | 0 | 79 | 38 | 58 | 67 | 56 |
| Inventory days | 0 | 1,552 | 179 | 112 | 53 | 171 |
| Payable days | 0 | 274 | 36 | 15 | 35 | 67 |
| NWC days | 0 | 1,357 | 180 | 155 | 85 | 160 |
| Leverage | ||||||
| Current ratio | 0.98 | 4.99 | 1.96 | 2.44 | 2.02 | 3.02 |
| Debt to EBITDA | — | 4.68 | 1.28 | 1.23 | 4.87 | 6.24 |
| Debt to equity | 0.01 | 0.03 | 0.06 | 0.07 | 0.23 | 0.17 |
| Interest coverage | -10.5 | 159 | 13.7 | 34.8 | 7.1 | 10.9 |
| Asset turnover | 0 | 0.06 | 0.29 | 0.4 | 0.35 | 0.24 |
| Return ratios | ||||||
| Return on assets % | 0.4% | 18% | 5.2% | 7.3% | 2.9% | 5.8% |
| Return on capital employed % | -0.1% | 28.2% | 6.7% | 13.8% | 6.7% | 10.6% |
| Return on equity % | 0.4% | 20.8% | 6.7% | 11.3% | 5% | 10.1% |
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.