Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | ||
| — |
| — |
| EBITDA margin % | -106.9% | -130.8% | -62.4% | -81.6% | 3.7% | -11.3% | -26.9% |
| EBIT margin % | -129.5% | -191.5% | -96.2% | -105.2% | -15.2% | -27.5% | -42.4% |
| PAT margin % | -61.3% | -88.6% | -58.9% | -48.3% | 18.7% | 11.5% | 2,145.9% |
| Working capital | |||||||
| Receivable days | — | 102 | 50 | 7 | 14 | 26 | 35 |
| Inventory days | — | 8,511 | 6,104 | 4,204 | 6,943 | 5,341 | 4,775 |
| Payable days | — | 0 | 0 | 0 | 0 | 0 | 0 |
| NWC days | — | 8,613 | 6,154 | 4,211 | 6,956 | 5,367 | 4,810 |
| Leverage | |||||||
| Current ratio | — | 1.84 | 1.83 | 1.89 | 1.93 | 1.99 | 3.38 |
| Debt to EBITDA | — | — | — | — | 5.52 | — | — |
| Debt to equity | — | 0.05 | 0.04 | 0.03 | 0.02 | 0 | 0 |
| Interest coverage | -4 | -2 | -4 | -4.8 | 3.9 | 5.2 | -0.2 |
| Asset turnover | — | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 | 0.02 |
| Return ratios | |||||||
| Return on assets % | — | -1% | -1.4% | -1.5% | 0.7% | 0.5% | 47.9% |
| Return on capital employed % | — | -1.1% | -1.7% | -1.9% | 1.4% | 0.9% | -0% |
| Return on equity % | — | -2.4% | -3.2% | -3.5% | 1.5% | 1.1% | 66% |
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.