Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | -420% | 11.2% | -31.7% | 73.2% | -19.4% | -138.2% | 47.8% | 84.2% |
| EBITDA margin % | -125.5% | -255.6% | -97% | -106.7% | -171.9% | -324.1% | -1,279.2% | 30.9% |
| EBIT margin % | -125.7% | -256.5% | -97.2% | -107.3% | -172% | -324.7% | -1,285.5% | 30.1% |
| PAT margin % | -172.4% | -5,235.5% | -110.2% | -46.2% | -74.9% | 18.5% | 975.5% | 3,532.2% |
| Working capital | ||||||||
| Receivable days | — | 143 | 37 | 297 | 6 | 10 | 4,297 | 227 |
| Inventory days | — | 12,465 | 1,228 | 10,593 | 498 | 231 | 12,731 | 2,358 |
| Payable days | — | 5,122 | 726 | 6,448 | 336 | 524 | 12,120 | 1,211 |
| NWC days | — | 7,486 | 539 | 4,442 | 167 | -283 | 4,909 | 1,374 |
| Leverage | ||||||||
| Current ratio | — | 0.5 | 0.37 | 0.3 | 0.21 | 0.14 | 0.15 | 1.01 |
| Debt to EBITDA | — | — | — | — | — | — | — | 0 |
| Debt to equity | — | -0.64 | -0.4 | -0.38 | -0.31 | -0.09 | -0.09 | 0 |
| Interest coverage | — | -0.8 | -1 | 5.4 | -1.8 | 77.5 | -1,673 | 351.8 |
| Asset turnover | — | 0.02 | 0.11 | 0.04 | 0.19 | 0.07 | 0.01 | 0.12 |
| Return ratios | ||||||||
| Return on assets % | — | -97.2% | -12% | -2% | -14.5% | 1.3% | 5.4% | 418.4% |
| Return on capital employed % | — | 5.3% | 7.7% | -17.2% | 3.8% | -1.4% | 1.8% | 12.2% |
| Return on equity % | — | 122.9% | 9% | 1.1% | 5.9% | -0.4% | -1.6% | 939% |
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.