Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | 20% | 60.7% | 39.2% |
| EBITDA margin % | — | — | — | 15.6% | 27% | 34.3% |
| EBIT margin % | — | — | — | 14.9% | 25.7% | 34.2% |
| PAT margin % | — | — | — | 11.7% | 34.4% | 32.8% |
| Working capital | ||||||
| Receivable days | — | — | — | 0 | 0 | 63 |
| Inventory days | — | — | — | 333 | 5,508 | 0 |
| Payable days | — | — | — | 2 | 37 | 9 |
| NWC days | — | — | — | 331 | 5,471 | 55 |
| Leverage | ||||||
| Current ratio | 30.52 | 0.95 | 6.85 | 22.63 | 5.08 | 5.35 |
| Debt to EBITDA | — | — | — | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0.08 | 0 | 0 | 0 |
| Interest coverage | -105.8 | -17 | 0.8 | 25.1 | 162 | 3,254 |
| Asset turnover | 0 | 0 | 0 | 0.68 | 0.08 | 0.66 |
| Return ratios | ||||||
| Return on assets % | -29.2% | -7.1% | 7.7% | 7.9% | 2.8% | 21.6% |
| Return on capital employed % | -29.5% | -6.6% | 0.2% | 12.2% | 6% | 34.5% |
| Return on equity % | -30.3% | -7.5% | 8.7% | 8.4% | 3.3% | 23.5% |
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.