Standalone figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 98.9% | — | 61.9% | 54.9% |
| EBITDA margin % | -1.1% | 0.6% | -6.4% | -6.4% |
| EBIT margin % | -6.9% | -4.4% | -12.3% | -11.2% |
| PAT margin % | -3.4% | -2.2% | 5.7% | -19.2% |
| Working capital | ||||
| Receivable days | — | — | 55 | 37 |
| Inventory days | — | — | 51 | 65 |
| Payable days | — | — | 361 | 224 |
| NWC days | — | — | -255 | -122 |
| Leverage | ||||
| Current ratio | — | — | 1.25 | 0.76 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | — | — | 0.22 | 0.52 |
| Interest coverage | -0.8 | -0.8 | -3.8 | -2.3 |
| Asset turnover | — | — | 0.43 | 0.39 |
| Return ratios | ||||
| Return on assets % | — | — | 2.4% | -7.4% |
| Return on capital employed % | — | — | -6.8% | -3.6% |
| Return on equity % | — | — | 4.2% | -13.3% |
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.