Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 76.9% | — | 95.5% | — |
| EBITDA margin % | 0.4% | -34% | -27.1% | -31.7% |
| EBIT margin % | -10.1% | -51.9% | -44% | -44.1% |
| PAT margin % | 66.4% | 79.4% | 683.5% | 114.7% |
| Working capital | ||||
| Receivable days | 29 | 137 | 187 | 46 |
| Inventory days | 62 | 18 | 0 | 0 |
| Payable days | 313 | 72 | 1,339 | 52 |
| NWC days | -221 | 83 | -1,152 | -6 |
| Leverage | ||||
| Current ratio | 3.51 | 2.7 | 37.02 | 2.71 |
| Debt to EBITDA | 933.5 | — | — | — |
| Debt to equity | 0.14 | 0.13 | 0 | 0.07 |
| Interest coverage | 3.9 | 2.3 | 39.3 | 17.3 |
| Asset turnover | 0.03 | 0.02 | 0.02 | 0.02 |
| Return ratios | ||||
| Return on assets % | 2.2% | 1.5% | 11.3% | 2.3% |
| Return on capital employed % | 3.2% | 2.3% | 17.9% | 4% |
| Return on equity % | 2.7% | 1.9% | 11.9% | 2.5% |
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.