Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 43.6% | 11.3% | 34.1% | 4.9% | -48.9% | 28.2% | 83.5% |
| EBITDA margin % | -144.2% | -223.5% | -12.3% | -115.2% | -167.1% | -144.6% | 31.9% |
| EBIT margin % | -148.9% | -223.7% | -12.4% | -115.4% | -167.4% | -145.4% | 30.2% |
| PAT margin % | -1,726.2% | -164.4% | -69.3% | -74.8% | 35.9% | 155.5% | 3,934.9% |
| Working capital | |||||||
| Receivable days | 102 | 36 | 76 | 6 | 5 | 578 | 226 |
| Inventory days | 25,084 | 3,963 | 3,817 | 2,301 | 2,812 | 21,805 | 2,249 |
| Payable days | 5,438 | 1,230 | 871 | 451 | 564 | 2,695 | 1,169 |
| NWC days | 19,748 | 2,769 | 3,021 | 1,856 | 2,253 | 19,688 | 1,306 |
| Leverage | |||||||
| Current ratio | 0.68 | 0.58 | 0.46 | 0.4 | 0.37 | 0.38 | 1.01 |
| Debt to EBITDA | — | — | — | — | — | — | 0 |
| Debt to equity | -1.36 | -0.73 | -0.6 | -0.46 | -0.12 | -0.13 | 0 |
| Interest coverage | -0.5 | -0.4 | 1.9 | -0.1 | 15.8 | -1,374 | 58.5 |
| Asset turnover | 0.02 | 0.08 | 0.09 | 0.11 | 0.06 | 0.01 | 0.12 |
| Return ratios | |||||||
| Return on assets % | -31.9% | -12.5% | -6.3% | -8.1% | 2% | 2.2% | 465.9% |
| Return on capital employed % | 6.9% | 5.3% | -17.2% | 0.6% | -1.5% | 1.3% | 9.5% |
| Return on equity % | 96.4% | 20.7% | 6.4% | 6.8% | -1.5% | -1.7% | 1,077.4% |
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.