Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | — | — |
| EBITDA margin % | 18.1% | 27.4% | -0.4% | -27.5% | -29.4% | 12.8% | 22.6% |
| EBIT margin % | 6.4% | 16.3% | -14.5% | -43.9% | -46% | -4.6% | 9.6% |
| PAT margin % | 1.9% | 9.1% | -13.7% | -42% | -46% | -5.8% | 6% |
| Working capital | |||||||
| Receivable days | — | 106 | 115 | 113 | 66 | 57 | 58 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | 45 | 47 | 40 | 39 | 40 | 44 |
| NWC days | — | 61 | 67 | 73 | 27 | 17 | 15 |
| Leverage | |||||||
| Current ratio | — | 2.39 | 1.91 | 1.38 | 0.75 | 0.82 | 1.03 |
| Debt to EBITDA | — | 0 | — | — | — | 0 | 0 |
| Debt to equity | — | 0 | 0 | 0.07 | 0 | 0 | 0 |
| Interest coverage | 3.7 | 13.2 | -12.5 | -21.2 | -38.2 | -4.4 | 18.5 |
| Asset turnover | — | 0.67 | 0.61 | 0.53 | 0.79 | 0.88 | 0.94 |
| Return ratios | |||||||
| Return on assets % | — | 6% | -8.3% | -22.2% | -36.2% | -5.1% | 5.6% |
| Return on capital employed % | — | 15.5% | -9.6% | -32.9% | -46.2% | -5.3% | 17.6% |
| Return on equity % | — | 8.7% | -12.6% | -38.8% | -77.6% | -10.8% | 12% |
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.