Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | -7.3% | — | — | — | -3.3% | — |
| EBITDA margin % | -101.3% | -16,100% | -8,350% | -14,700% | -98.3% | — |
| EBIT margin % | -113.9% | -18,000% | -9,300% | -16,900% | -109.2% | — |
| PAT margin % | 33.1% | -11,000% | -6,250% | -8,800% | -88.3% | — |
| Working capital | ||||||
| Receivable days | 203 | 0 | 14,418 | 38,325 | 37 | — |
| Inventory days | 155 | 108 | 104 | 118 | 141 | — |
| Payable days | 187 | 0 | 140 | 178 | 165 | — |
| NWC days | 172 | 108 | 14,381 | 38,266 | 13 | — |
| Leverage | ||||||
| Current ratio | 1.7 | 0.15 | 1.46 | 1.3 | 1.3 | 1.3 |
| Debt to EBITDA | — | — | — | — | — | — |
| Debt to equity | 0.9 | -1.67 | 0.99 | 1.1 | 1.4 | 2.98 |
| Interest coverage | -0.5 | -1.1 | -0.9 | -0 | -0.5 | -0.1 |
| Asset turnover | 0.05 | 0 | 0 | 0 | 0.04 | 0 |
| Return ratios | ||||||
| Return on assets % | 1.6% | -28.6% | -4.5% | -3% | -3.6% | -5% |
| Return on capital employed % | -1.5% | -7.1% | -3.6% | -0.2% | -1.9% | -0.5% |
| Return on equity % | 5% | 27.7% | -16.3% | -11.8% | -16.9% | -23.4% |
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.