Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 2% | 1% | 1% | 0.2% | — | 91.5% | 90.4% |
| EBITDA margin % | -109.1% | -36.6% | -81.4% | -33.7% | -337.4% | 82.9% | 3.4% |
| EBIT margin % | -111.6% | -37.8% | -84.7% | -35.1% | -356.7% | 82.7% | 2.2% |
| PAT margin % | 221.7% | 79.3% | 173.2% | 85.4% | 244.4% | 69.8% | -114.4% |
| Working capital | |||||||
| Receivable days | — | 292 | 8 | 74 | 0 | 0 | 0 |
| Inventory days | — | 818 | 2,171 | 849 | 2,895 | 1,700 | 12,323 |
| Payable days | — | 34 | 0 | 0 | 0 | 0 | 0 |
| NWC days | — | 1,076 | 2,179 | 923 | 2,895 | 1,700 | 12,323 |
| Leverage | |||||||
| Current ratio | — | 27.27 | 71.85 | 57.1 | 38.45 | 18.12 | 52.76 |
| Debt to EBITDA | — | — | — | — | — | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 106.8 | 139.6 | 33.3 | 146.8 | 36.8 | 1,456.8 | 187.4 |
| Asset turnover | 0.38 | 0.04 | 0.01 | 0.03 | 0 | 0.17 | 0.02 |
| Return ratios | |||||||
| Return on assets % | 85.3% | 2.9% | 2.3% | 2.8% | 0.5% | 11.7% | -2.4% |
| Return on capital employed % | — | 1.4% | 0.4% | 2% | 0.5% | 16.3% | 2% |
| Return on equity % | — | 2.9% | 2.4% | 2.9% | 0.5% | 11.9% | -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.