Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | -2.2% | -0.3% | -9.9% | 31.3% |
| EBITDA margin % | -12.5% | -22.9% | -19% | -52.2% |
| EBIT margin % | -14.6% | -24.9% | -19.5% | -52.2% |
| PAT margin % | -11.3% | -14.4% | -11.7% | -53.9% |
| Working capital | ||||
| Receivable days | 16 | 66 | 37 | 249 |
| Inventory days | 1 | 118 | 0 | 62 |
| Payable days | 2 | 9 | 14 | 237 |
| NWC days | 15 | 176 | 23 | 73 |
| Leverage | ||||
| Current ratio | 8.72 | 2.39 | 1.77 | 3.66 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | 0.07 | 0.05 | 0.12 | 4.04 |
| Interest coverage | -14.1 | -11.1 | -70.2 | -19.7 |
| Asset turnover | 8.21 | 0.52 | 1.18 | 0.52 |
| Return ratios | ||||
| Return on assets % | -93.1% | -7.5% | -13.8% | -27.9% |
| Return on capital employed % | -127.1% | -11.8% | -25.1% | -14.3% |
| Return on equity % | -109.2% | -11% | -24.3% | -187.5% |
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.