Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 66.9% | -16.4% | -11.1% | 44.8% | 69% |
| EBITDA margin % | -55% | 6.1% | -27.5% | -40.6% | -99.7% | 55.9% |
| EBIT margin % | -64.1% | 4.5% | -28.2% | -41.6% | -107% | 54.7% |
| PAT margin % | -285.6% | -21.4% | -19.9% | -14.6% | -64.9% | 26.5% |
| Working capital | ||||||
| Receivable days | 922 | 212 | 117 | 223 | 250 | 0 |
| Inventory days | 4,505 | 4,910 | 374 | 556 | 6,473 | 1,466 |
| Payable days | 786 | 792 | 98 | 27 | 434 | 79 |
| NWC days | 4,641 | 4,329 | 392 | 751 | 6,289 | 1,388 |
| Leverage | ||||||
| Current ratio | 0.94 | 0.88 | 0.9 | 0.83 | 0.74 | 0.76 |
| Debt to EBITDA | — | 50.39 | — | — | — | 2.26 |
| Debt to equity | 87.48 | -16.39 | 7.1 | 11.48 | 20.81 | 3.76 |
| Interest coverage | -0.4 | 0.3 | -1 | -0.6 | 0.1 | 5.6 |
| Asset turnover | 0.04 | 0.14 | 0.43 | 0.25 | 0.04 | 0.37 |
| Return ratios | ||||||
| Return on assets % | -10.1% | -3.1% | -8.5% | -3.6% | -2.6% | 9.8% |
| Return on capital employed % | -23.6% | 73.3% | -62.1% | -18.3% | 3.5% | 144.5% |
| Return on equity % | -2,742.9% | 113.8% | -126.7% | -71.5% | -95.6% | 78.7% |
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.