Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 73.8% | — | — | — | — | — | — | — |
| EBITDA margin % | 33.7% | -244.8% | -226.6% | -309.5% | -205% | -264.7% | -779.7% | -886.2% |
| EBIT margin % | 30.4% | -273.7% | -258.8% | -346.6% | -253.2% | -320.3% | -867.1% | -965.1% |
| PAT margin % | 22.6% | -95.4% | -167.9% | -306.2% | -148.7% | -68.5% | -706.9% | -771.6% |
| Working capital | ||||||||
| Receivable days | 1 | 57 | 48 | 40 | 22 | 40 | 73 | 78 |
| Inventory days | — | — | 1 | 0 | 0 | 6 | 1 | 1 |
| Payable days | — | — | 25 | 15 | 15 | 18 | 33 | 0 |
| NWC days | — | — | 24 | 25 | 7 | 29 | 42 | 78 |
| Leverage | ||||||||
| Current ratio | 21.17 | 5.19 | 10.25 | 9.44 | 53.14 | 51.71 | 7.52 | 144.19 |
| Debt to EBITDA | 0.01 | — | — | — | — | — | — | — |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 60 | -47 | -33.1 | -67.4 | -89.1 | -101.9 | -940.4 | -341.9 |
| Asset turnover | 1.51 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0 |
| Return ratios | ||||||||
| Return on assets % | 34.1% | -3.4% | -5.4% | -7.5% | -2.3% | -0.9% | -5.8% | -3.6% |
| Return on capital employed % | 34.1% | -6.2% | -6.7% | -8.1% | -3.9% | -1.9% | -5.7% | -4.7% |
| Return on equity % | 37.4% | -3.5% | -5.6% | -7.6% | -2.4% | -0.9% | -5.9% | -3.6% |
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.