Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | 20.6% | — | 1.8% | 14.8% | 47% | 95.5% | — |
| EBITDA margin % | 78.1% | 14.8% | 11.6% | -7.4% | -13.1% | 4.4% | -158.6% | -1,317.7% |
| EBIT margin % | 6.2% | 6.8% | 5% | -11.1% | -24.8% | -37.9% | -171.9% | -1,324.4% |
| PAT margin % | 2.2% | 2.7% | 1.6% | -10.3% | -60.5% | -23.5% | -220.7% | -1,500.8% |
| Working capital | ||||||||
| Receivable days | 17 | 22 | 15 | 14 | 66 | 7 | 107 | 28 |
| Inventory days | — | 0 | 2 | 4 | 17 | 17 | 498 | 1 |
| Payable days | 514 | — | — | — | 865 | 2,662 | 1,01,990 | 393 |
| NWC days | — | — | — | — | -782 | -2,638 | -1,01,384 | -364 |
| Leverage | ||||||||
| Current ratio | 0.69 | 0.96 | 1.05 | 0.83 | 0.72 | 0.59 | 0.58 | 0.19 |
| Debt to EBITDA | 0.27 | 1.46 | 0.4 | — | — | 32.09 | — | — |
| Debt to equity | 0.28 | 0.5 | 0.11 | 0.18 | 0.74 | 0.67 | 0.87 | -0.47 |
| Interest coverage | 1.3 | 2.3 | 1.8 | -1.8 | -1.1 | -1.1 | -2.2 | -16.7 |
| Asset turnover | 0.41 | 0.73 | 0.73 | 0.48 | 0.14 | 0.11 | 0.04 | 0.06 |
| Return ratios | ||||||||
| Return on assets % | 0.9% | 2% | 1.2% | -4.9% | -8.2% | -2.6% | -8% | -84.3% |
| Return on capital employed % | 8.7% | 9.8% | 9% | -10.4% | -8% | -7.2% | -17.7% | -4,217.8% |
| Return on equity % | 2.8% | 6.3% | 3.7% | -21% | -49.6% | -11.3% | -44.3% | 165.6% |
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.