Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 14.6% | -100% | 48.2% |
| EBITDA margin % | -169.5% | -4,566.7% | -4,008.4% |
| EBIT margin % |
| -176.8% |
| -4,666.7% |
| -4,133.3% |
| PAT margin % | -32.9% | -1,333.3% | -4,537.8% |
| Working capital | |||
| Receivable days | 392 | 608 | 767 |
| Inventory days | 16 | 0 | 85 |
| Payable days | 177 | 1,582 | 8,819 |
| NWC days | 230 | -973 | -7,968 |
| Leverage | |||
| Current ratio | 11.99 | 8.47 | 2.79 |
| Debt to EBITDA | — | — | — |
| Debt to equity | 0.07 | 0.05 | 0.03 |
| Interest coverage | -12.5 | 0.6 | -0.3 |
| Asset turnover | 0.01 | 0 | 0 |
| Return ratios | |||
| Return on assets % | -0.4% | -0.3% | -1% |
| Return on capital employed % | -0.4% | 0.6% | -0.2% |
| Return on equity % | -0.5% | -0.4% | -1% |
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.