Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | — | — | — |
| EBITDA margin % | 0.3% | 9.8% | -12% | 10% | 5.1% | 4.1% | 1.6% |
| EBIT margin % | -2.2% | 7.4% | -13.7% | 8.8% | 4% | 3.2% | 1% |
| PAT margin % | -44.1% | -19.2% | -47.7% | 67.8% | 5.6% | 2.5% | 0.9% |
| Working capital | |||||||
| Receivable days | 15 | 28 | 21 | — | — | — | — |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 1 | — | — | — | — |
| NWC days | 14 | 28 | 20 | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | — | — | — | — | — |
| Debt to EBITDA | 669.54 | 20.15 | — | 1.56 | 1.08 | 0.46 | 2.95 |
| Debt to equity | 53.02 | -103.84 | -4.92 | 0.35 | 0.15 | 0.05 | 0.14 |
| Interest coverage | -0 | 0.3 | -0.4 | 1 | 3.3 | 7.6 | 3.4 |
| Asset turnover | 0.29 | 0.28 | 0.34 | 0.58 | 0.65 | 0.65 | 0.58 |
| Return ratios | |||||||
| Return on assets % | -12.8% | -5.5% | -16.4% | 39.1% | 3.6% | 1.6% | 0.5% |
| Return on capital employed % | — | — | — | — | — | — | — |
| Return on equity % | -1,027.5% | 1,014.7% | 156.6% | 154% | 14.8% | 7.3% | 2.5% |
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.