Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 5.8% | 2.2% | 2.4% | 1.1% | 7.3% | 93.4% |
| EBITDA margin % | -1.8% | -3.3% | -6.7% | -0.9% | -4.4% | 33.6% |
| EBIT margin % | -2.4% | -3.8% | -7.3% | -1.1% | -5.8% | 29.8% |
| PAT margin % | 0.4% | 3% | 1% | 1% | 3% | 22.3% |
| Working capital | ||||||
| Receivable days | 1 | 2 | 1 | 0 | 3 | 75 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 2 | 25 | 0 | 0 | 0 | 0 |
| NWC days | -1 | -22 | 1 | 0 | 3 | 75 |
| Leverage | ||||||
| Current ratio | 2.12 | 1.81 | 6.05 | 2.54 | 1.2 | 5.1 |
| Debt to EBITDA | — | — | — | — | — | 0.22 |
| Debt to equity | 0 | 0 | 0 | 0 | 0.02 | 0.02 |
| Interest coverage | 160 | 210 | — | 330 | 30.2 | 37.4 |
| Asset turnover | 0.65 | 0.55 | 0.44 | 1.77 | 0.24 | 0.26 |
| Return ratios | ||||||
| Return on assets % | 0.3% | 1.6% | 0.4% | 1.8% | 0.7% | 5.9% |
| Return on capital employed % | 3.1% | 1.9% | 0.6% | 2.6% | 1.9% | 10.1% |
| Return on equity % | 0.3% | 1.8% | 0.4% | 1.9% | 0.8% | 6.2% |
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.