Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | 5.3% | 3.7% | — |
| EBITDA margin % | — | — | — | 0.4% | 2.2% | -194.9% |
| EBIT margin % | — | — | — | 0.4% | 1.9% | -256.4% |
| PAT margin % | — | — | — | 1.6% | 3.2% | 1,266.7% |
| Working capital | ||||||
| Receivable days | — | — | — | 291 | 242 | 0 |
| Inventory days | — | — | — | 0 | 0 | 0 |
| Payable days | — | — | — | 290 | 223 | 35 |
| NWC days | — | — | — | 0 | 19 | -35 |
| Leverage | ||||||
| Current ratio | 0.24 | 0.05 | 0.05 | 2.13 | 1.35 | 0.35 |
| Debt to EBITDA | — | — | — | 0.52 | 0.82 | — |
| Debt to equity | -7.97 | -6.67 | 1.77 | 0 | 0.01 | 0.08 |
| Interest coverage | — | — | — | 3.9 | 40.3 | 11.2 |
| Asset turnover | 0 | 0 | 0 | 0.33 | 0.32 | 0 |
| Return ratios | ||||||
| Return on assets % | -2.6% | -3.1% | 70.8% | 0.5% | 1% | 2.3% |
| Return on capital employed % | -2.8% | -0.9% | 168% | 2.7% | 1.9% | 3.8% |
| Return on equity % | 19.7% | 18.7% | 223% | 0.7% | 1.3% | 2.5% |
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.