Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | 14.3% | 29.8% |
| EBITDA margin % | -35.7% | 146.3% | -1,020.9% | -3,571.4% | — | -1,233.3% | -38.2% | -15.5% |
| EBIT margin % | -82.2% | 1.7% | -1,244.4% | -6,774.5% | — | -1,05,700% | -1,681.1% | -398.3% |
| PAT margin % | -241.2% | -712.3% | -1,444.1% | -7,560.5% | — | -1,04,111.1% | -1,680.4% | -849.1% |
| Working capital | ||||||||
| Receivable days | 2,542 | 5,360 | 3,510 | 39,473 | — | 6,61,258 | 11,150 | 3,916 |
| Inventory days | 50 | — | 5 | 17 | — | 1,512 | 392 | 0 |
| Payable days | 448 | — | 8 | 32 | — | 2,923 | 1,174 | 1 |
| NWC days | 2,144 | — | 3,507 | 39,458 | — | 6,59,847 | 10,368 | 3,915 |
| Leverage | ||||||||
| Current ratio | 1.16 | 0.41 | 0.18 | 0.14 | 0.08 | 0.08 | 2.47 | 4.12 |
| Debt to EBITDA | — | 13.79 | — | — | — | — | — | — |
| Debt to equity | 25.26 | 22.67 | -1.44 | -1.17 | -1.1 | -0.89 | 0.06 | 0.19 |
| Interest coverage | -0.6 | 0 | — | -12.2 | — | — | -755.1 | -6,248 |
| Asset turnover | 0.06 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0.06 |
| Return ratios | ||||||||
| Return on assets % | -14.6% | -17.7% | -33.7% | -13.7% | -4.3% | -7.6% | -7.9% | -50.2% |
| Return on capital employed % | -8% | 0.1% | 271.2% | 25.4% | 10.8% | 8% | -8.4% | -9.7% |
| Return on equity % | -921% | -800.3% | 66.5% | 19.9% | 5.4% | 6.3% | -9.9% | -60.4% |
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.