Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| 2.6% |
| 2.9% |
| EBITDA margin % | — | — | — | — | — | — | -2.6% | -4.7% |
| EBIT margin % | — | — | — | — | — | — | -2.6% | -4.7% |
| PAT margin % | — | — | — | — | — | — | -2.8% | -4.7% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | 156 | 268 |
| Inventory days | — | — | — | — | — | — | 0 | 1 |
| Payable days | — | — | — | — | — | — | 0 | 1 |
| NWC days | — | — | — | — | — | — | 156 | 268 |
| Leverage | ||||||||
| Current ratio | — | — | 36.67 | 24.86 | 20.13 | 101 | 96.67 | 91.33 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | — | — | — |
| Asset turnover | — | — | 0 | 0 | 0 | 0 | 1.02 | 0.72 |
| Return ratios | ||||||||
| Return on assets % | — | — | -2% | -1.6% | -3.6% | -4% | -2.9% | -3.4% |
| Return on capital employed % | — | — | -2.1% | -1.7% | -3.7% | -4% | -2.6% | -3.3% |
| Return on equity % | — | — | -2.1% | -1.7% | -3.8% | -4% | -2.9% | -3.4% |
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.