Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | 20% | 1.3% | -1.2% | 14.6% | 13.9% | 14.2% |
| EBITDA margin % | 1.6% | -19% | 12.8% | -1.6% | -4.2% | 6.3% | 5.8% | 10.7% |
| EBIT margin % | 1.6% | -23% | 8.4% | -2.3% | -5.3% | 2.5% | 3.2% | 10.2% |
| PAT margin % | 1.7% | -21% | 8.1% | 0.2% | -3.5% | 5.2% | 6.6% | 8.9% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | 10 | 13 | 137 | 67 | 56 |
| Inventory days | — | — | 520 | 85 | 113 | 380 | 539 | 88 |
| Payable days | — | — | 1 | 0 | 0 | 0 | 122 | 2 |
| NWC days | — | — | 519 | 95 | 126 | 518 | 485 | 142 |
| Leverage | ||||||||
| Current ratio | — | — | 135.25 | 508 | 146.33 | 60.88 | 4.29 | 13.14 |
| Debt to EBITDA | — | — | 0 | — | — | 0 | 0.78 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Interest coverage | — | — | — | — | — | — | 15 | 132.5 |
| Asset turnover | — | — | 0.17 | 0.96 | 0.64 | 0.19 | 0.22 | 1 |
| Return ratios | ||||||||
| Return on assets % | — | — | 1.4% | 0.2% | -2.3% | 1% | 1.5% | 8.9% |
| Return on capital employed % | — | — | 1.4% | -2.2% | -2.2% | 1.7% | 2.4% | 13% |
| Return on equity % | — | — | 1.5% | 0.2% | -2.4% | 1.1% | 1.7% | 9.8% |
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.