Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | -2,100% | -37.6% | -0.4% | — | — |
| EBITDA margin % | -137% | -167.4% | — | -5,900% | -56% | -5% | — | — |
| EBIT margin % | -137% | -167.3% | — | -5,900% | -56% | -5% | — | — |
| PAT margin % | -125.5% | -59.2% | — | -2,400% | -24.8% | 5.9% | — | — |
| Working capital | ||||||||
| Receivable days | — | — | — | 6,205 | 188 | 37 | — | — |
| Inventory days | — | — | — | 1,128 | 37 | 0 | — | — |
| Payable days | — | — | — | 0 | 136 | 34 | — | — |
| NWC days | — | — | — | 7,333 | 88 | 3 | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 11.82 | 11.48 | 2.31 | 2.54 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | 25 | 62 | 47 |
| Asset turnover | — | — | 0 | 0 | 0.16 | 0.8 | 0 | 0 |
| Return ratios | ||||||||
| Return on assets % | — | — | 0.9% | -3.8% | -4.1% | 4.7% | 3.8% | 2.9% |
| Return on capital employed % | — | — | 1.2% | -3.8% | -4.3% | 8% | 9.4% | 6.7% |
| Return on equity % | — | — | 0.9% | -3.8% | -4.5% | 5.2% | 6.7% | 4.7% |
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.