Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | — | — | — |
| EBITDA margin % | -18% | -63.3% | -25.9% | -5.4% | 1.9% | 7.5% |
| EBIT margin % | -22.7% | -66.3% | -28.4% | -8% | -0.6% | 5.5% |
| PAT margin % | -16.9% | -58.5% | -19.1% | 1.9% | 7.1% | 9.9% |
| Working capital | ||||||
| Receivable days | 71 | 92 | 97 | 69 | 73 | 93 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 36 | 31 | 35 | 30 | 27 | 27 |
| NWC days | 36 | 61 | 62 | 39 | 46 | 66 |
| Leverage | ||||||
| Current ratio | 9.68 | 16.51 | 7.48 | 8 | 5.13 | 4.41 |
| Debt to EBITDA | — | — | — | — | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | -11.3 | -60.4 | -21.8 | 4 | 11.2 | 20.1 |
| Asset turnover | 0.38 | 0.24 | 0.41 | 0.51 | 0.66 | 0.78 |
| Return ratios | ||||||
| Return on assets % | -6.4% | -14.1% | -7.8% | 1% | 4.7% | 7.7% |
| Return on capital employed % | -6.2% | -21.3% | -8.3% | 1.8% | 5.9% | 10.3% |
| Return on equity % | -7.5% | -15.4% | -8.9% | 1.1% | 5.5% | 9.2% |
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.