Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 9.5% | -12.8% | -2.2% | -11.2% | -4% | -2.9% | -3.1% | -59.9% |
| EBIT margin % | -10.9% | -33.8% | -22.5% | -38.3% | -32.4% | -36% | -35.8% | -95.2% |
| PAT margin % | -179.8% | -2,532.8% | -764.7% | -1,193.7% | -3,086.4% | -1,883% | -2,622.6% | -3,543% |
| Working capital | ||||||||
| Receivable days | 122 | 106 | 215 | 194 | 219 | 296 | 317 | 358 |
| Inventory days | 6 | 6 | 14 | 1 | 1 | 2 | 2 | 1 |
| Payable days | — | — | — | 2,416 | 2,644 | 3,400 | 3,617 | 2,904 |
| NWC days | — | — | — | -2,222 | -2,423 | -3,102 | -3,298 | -2,545 |
| Leverage | ||||||||
| Current ratio | — | — | — | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 |
| Debt to EBITDA | 83.23 | — | — | — | — | — | — | — |
| Debt to equity | -7.59 | -0.64 | -0.85 | -0.75 | -0.63 | -0.58 | -0.52 | -0.46 |
| Interest coverage | -1.4 | -8.4 | -3.2 | -3.9 | -2.7 | -1.4 | -2.1 | -6.1 |
| Asset turnover | 0.06 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | -10.7% | -88.9% | -12.2% | -14% | -40.2% | -19.7% | -25.8% | -30.6% |
| Return on capital employed % | -0.4% | — | — | 0.4% | 0.2% | 0.1% | 0.1% | 0.3% |
| Return on equity % | 172.7% | 88.6% | 10.8% | 11% | 19.7% | 8.8% | 10.3% | 10.8% |
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.