Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | 18.7% | 27.7% | 71.3% | 75.6% | 84.9% |
| EBITDA margin % | 4.1% | -73.9% | 10.6% | 12% | 3.8% | 34.5% | -3.2% | -2,318.9% |
| EBIT margin % | 4.1% | -73.9% | 10.6% | 11.9% | 3.8% | 34.5% | -3.2% | -2,318.9% |
| PAT margin % | 13.4% | 11.8% | 5.6% | 14.8% | 15.7% | 36.5% | 8.8% | -2,267.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | 31 | 99 | 72 | 139 | 833 |
| Inventory days | — | — | — | 61 | 106 | 95 | 4 | 0 |
| Payable days | — | — | — | 44 | 160 | 496 | 26 | 5,658 |
| NWC days | — | — | — | 48 | 45 | -328 | 117 | -4,824 |
| Leverage | ||||||||
| Current ratio | — | — | — | 2.52 | 2.01 | 1.5 | 22.61 | 1.95 |
| Debt to EBITDA | — | — | — | 0 | 0 | 0 | — | — |
| Debt to equity | — | — | — | 0 | 0 | 0 | 0 | 0.06 |
| Interest coverage | 60.5 | — | — | — | — | 142 | — | — |
| Asset turnover | — | — | — | 0.5 | 0.15 | 0.19 | 0.13 | 0.02 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | 7.4% | 2.4% | 6.9% | 1.2% | -56.6% |
| Return on capital employed % | — | — | — | 9.7% | 3.7% | 9.8% | 1.5% | -45.8% |
| Return on equity % | — | — | — | 8.2% | 2.7% | 7.8% | 1.2% | -65% |
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.