Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 11.1% | — | — | — | — |
| EBITDA margin % | — | -16.7% | — | — | 21.2% | 34.3% |
| EBIT margin % | — | -16.7% | — | — | 21.2% | 34.3% |
| PAT margin % | — | -16.7% | — | — | 17% | 20.5% |
| Working capital | ||||||
| Receivable days | — | 0 | — | — | 367 | 136 |
| Inventory days | — | 0 | — | — | 0 | — |
| Payable days | — | 0 | — | — | 177 | — |
| NWC days | — | 0 | — | — | 189 | — |
| Leverage | ||||||
| Current ratio | 30.86 | 0.57 | — | 0 | 6.53 | 3.76 |
| Debt to EBITDA | — | — | — | — | 0 | — |
| Debt to equity | 0.24 | 0.26 | 0.27 | 0.35 | 0 | — |
| Interest coverage | — | — | — | — | 38.3 | 3.1 |
| Asset turnover | 0 | 0.02 | 0 | 0 | 0.26 | 0.15 |
| Return ratios | ||||||
| Return on assets % | -0.2% | -0.3% | -0.5% | -0.6% | 4.4% | 3.1% |
| Return on capital employed % | -0.2% | -0.3% | -0.5% | -0.6% | 6.7% | 12.4% |
| Return on equity % | -0.3% | -0.4% | -0.6% | -0.8% | 5.1% | 5.6% |
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.