Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 23.9% | 82.1% | 43.1% | 74.3% | 38.1% | -47.4% | -53.3% | 14.2% |
| EBIT margin % | 23.4% | 80.1% | 41.9% | 72.5% | 32.8% | -54.8% | -61.2% | 11.2% |
| PAT margin % | 15.3% | 55.1% | 32.4% | 51.4% | 24% | -52.5% | -59.6% | 22.9% |
| Working capital | ||||||||
| Receivable days | — | 14 | 23 | 28 | — | — | — | — |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 0 | 0 | 0 | — | — | — | — |
| NWC days | — | 14 | 23 | 28 | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | 18.03 | 412.28 | 508.19 | — | — | — | — |
| Debt to EBITDA | — | 0 | 0 | 0 | 0 | — | — | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | 1,982.6 | 589.5 | 1,051.6 | 176 | -104.1 | -98.4 | 259.7 |
| Asset turnover | 0.15 | 0.2 | 0.05 | 0.03 | 0.01 | 0 | 0 | 0 |
| Return ratios | ||||||||
| Return on assets % | 2.2% | 10.8% | 1.5% | 1.5% | 0.2% | -0.2% | -0.1% | 0.1% |
| Return on capital employed % | — | 16.6% | 2.9% | 2.2% | — | — | — | — |
| Return on equity % | 2.5% | 12% | 1.5% | 1.5% | 0.2% | -0.2% | -0.1% | 0.1% |
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.