Standalone figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | -93.6% | 68.6% | 68.4% |
| EBITDA margin % | -50.9% | 28.4% | 19.1% |
| EBIT margin % | -95.3% | 18.1% | 9.4% |
| PAT margin % | -212.3% | 1.5% | 1.5% |
| Working capital | |||
| Receivable days | — | 124 | 191 |
| Inventory days | — | 137 | 360 |
| Payable days | — | 143 | 330 |
| NWC days | — | 118 | 221 |
| Leverage | |||
| Current ratio | — | 0.96 | 0.96 |
| Debt to EBITDA | — | 2.09 | 4.74 |
| Debt to equity | — | 0.13 | 0.21 |
| Interest coverage | -1.8 | 1.6 | 1.2 |
| Asset turnover | — | 0.18 | 0.17 |
| Return ratios | |||
| Return on assets % | — | 0.3% | 0.3% |
| Return on capital employed % | — | 4% | 2.3% |
| Return on equity % | — | 0.3% | 0.4% |
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.