Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 35.1% | 46.2% | 88.4% | 86.8% | 89.1% |
| EBITDA margin % | -509.8% | -424.6% | -366.4% | -81% | -70.3% | -75.8% |
| EBIT margin % | -606.5% | -475.2% | -406.2% | -94% | -82.4% | -88.3% |
| PAT margin % | 166.8% | 499.6% | 519.9% | 69.2% | 70.1% | 1.9% |
| Working capital | ||||||
| Receivable days | 104 | 21 | 1,240 | 365 | 297 | 262 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 30 | 150 | 1,132 | 1,210 | 971 | 1,166 |
| NWC days | 74 | -129 | 108 | -845 | -675 | -904 |
| Leverage | ||||||
| Current ratio | 5.36 | 3.86 | 2.7 | 2.91 | 2.86 | 2.23 |
| Debt to EBITDA | — | — | — | — | — | — |
| Debt to equity | 0.01 | 0 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest coverage | -5.5 | -27.6 | -24 | -0.9 | -3.9 | -9.3 |
| Asset turnover | 0.01 | 0.01 | 0.01 | 0.03 | 0.04 | 0.04 |
| Return ratios | ||||||
| Return on assets % | 1% | 3.7% | 3.8% | 2.1% | 2.7% | 0.1% |
| Return on capital employed % | -0.8% | -3% | -1.7% | -0.4% | -1.1% | -2.2% |
| Return on equity % | 1.1% | 4.1% | 4.3% | 2.4% | 3% | 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.