Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | — | — | -1,710% | -89.6% | -6,399.5% | -234.3% | 90.3% | -915.3% |
| EBIT margin % | — | — | -1,710% | -114.2% | -6,455.9% | -295% | 88.8% | -925.5% |
| PAT margin % | — | — | 10% | 1,650.8% | -6,931.4% | 7,957.6% | 57.7% | -1,007.6% |
| Working capital | ||||||||
| Receivable days | — | — | 0 | 65 | 135 | 236 | — | — |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 0 | 0 | 0 | 14 | — | — |
| NWC days | — | — | 0 | 65 | 134 | 222 | — | — |
| Leverage | ||||||||
| Current ratio | 76.85 | 142.09 | 156.26 | 0.08 | 0.12 | 0.25 | — | — |
| Debt to EBITDA | — | — | — | — | — | — | 3.8 | — |
| Debt to equity | — | — | 0 | 0.17 | 1.12 | 0.64 | 0.61 | 0.88 |
| Interest coverage | — | 0.7 | — | 29.7 | -12.1 | 16.2 | 4.3 | -4.2 |
| Asset turnover | — | 0 | 0 | 0 | 0 | 0 | 0.11 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | -0.3% | -0.4% | 0% | 5.1% | -30.2% | 32.3% | 6.1% | -8.9% |
| Return on capital employed % | 0.1% | 0.5% | 0% | 6.4% | -44.5% | 79.7% | — | — |
| Return on equity % | -0.3% | -0.4% | 0% | 6% | -64.4% | 53.8% | 10.2% | -20.7% |
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.