Standalone figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | 1.7% | 2% | 8.3% | ||
| 1% |
| 0.9% |
| EBITDA margin % | — | — | -0.8% | -0.5% | 1.8% | -1.1% | -0.5% |
| EBIT margin % | — | — | -0.8% | -0.5% | 1.7% | -1.1% | -0.5% |
| PAT margin % | — | — | 2.9% | 3.4% | 3.4% | 2.3% | 3.8% |
| Working capital | |||||||
| Receivable days | — | — | 0 | 0 | 0 | 0 | 44 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 0 | 0 | 0 | 0 | 0 |
| NWC days | — | — | 0 | 0 | -0 | -0 | 44 |
| Leverage | |||||||
| Current ratio | — | — | 31.84 | 6.42 | 6.45 | 5.61 | 6.84 |
| Debt to EBITDA | — | — | — | — | 16.49 | — | — |
| Debt to equity | — | — | 0 | 0 | 0.35 | 0.54 | 0.5 |
| Interest coverage | — | — | — | — | 7.5 | 1.9 | 2.2 |
| Asset turnover | — | — | 0.61 | 0.78 | 0.83 | 0.59 | 0.59 |
| Return ratios | |||||||
| Return on assets % | — | — | 1.8% | 2.6% | 2.8% | 1.3% | 2.3% |
| Return on capital employed % | — | — | 2.5% | 4.3% | 5.9% | 5.2% | 6.4% |
| Return on equity % | — | — | 1.9% | 3.2% | 4.1% | 2.3% | 3.8% |
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.