Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -28.8% | 42.9% | 32.6% | 22% | -1,038.2% | — | — | -1,810.4% |
| EBIT margin % | -68.9% | 13.2% | -8.4% | -15.9% | -1,094.1% | — | — | -1,856.4% |
| PAT margin % | -1,387% | -726.4% | 141.6% | -662% | 2,274.9% | — | — | 820.3% |
| Working capital | ||||||||
| Receivable days | 531 | 416 | 563 | 526 | 759 | — | — | 486 |
| Inventory days | — | 0 | 0 | 0 | 0 | — | — | 0 |
| Payable days | 0 | 250 | 170 | 185 | 21 | — | — | 15 |
| NWC days | — | 166 | 393 | 341 | 738 | — | — | 471 |
| Leverage | ||||||||
| Current ratio | 0.24 | 0.22 | 0.23 | 0.26 | 0.26 | 0.29 | 0.17 | 0.14 |
| Debt to EBITDA | — | 270.8 | 468.06 | 669.88 | — | — | — | — |
| Debt to equity | 0.53 | 0.71 | 0.67 | 0.67 | 0.61 | 0.45 | 0.64 | 0.61 |
| Interest coverage | 0.6 | 0.6 | 1.1 | 0.3 | -1 | 0.3 | -0.4 | 1.2 |
| Asset turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return ratios | ||||||||
| Return on assets % | -2.8% | -2.2% | 0.3% | -1.6% | 4.1% | 0.3% | -0.5% | 0.1% |
| Return on capital employed % | 1.6% | 2.5% | 5% | 1.4% | -2% | 0.3% | -0.2% | 0.6% |
| Return on equity % | -4.7% | -4.4% | 0.6% | -3% | 7.4% | 0.5% | -1% | 0.1% |
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.