Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 29.3% | 35.6% | -3.5% | 2.7% | -2.6% |
| EBITDA margin % | 14.3% | 0.9% | -4.8% | -631.9% | -4,206.2% |
| EBIT margin % | 9.3% | -9.9% | -42% | -745.9% | -6,332.2% |
| PAT margin % | 4.1% | -25.5% | -143.1% | -747.8% | 907% |
| Working capital | |||||
| Receivable days | — | 253 | 759 | 476 | 78,626 |
| Inventory days | — | 36 | 39 | 124 | 2,464 |
| Payable days | — | 91 | 249 | 874 | 15,844 |
| NWC days | — | 198 | 549 | -274 | 65,247 |
| Leverage | |||||
| Current ratio | — | 1.23 | 0.93 | 0.6 | 0.68 |
| Debt to EBITDA | — | 319 | — | — | — |
| Debt to equity | — | 8.82 | -14.86 | -2.22 | -2.82 |
| Interest coverage | 1.5 | -0.3 | -0.6 | -312.3 | 530.8 |
| Asset turnover | — | 0.24 | 0.09 | 0.04 | 0 |
| Return ratios | |||||
| Return on assets % | — | -6.2% | -12.2% | -26.8% | 1.6% |
| Return on capital employed % | — | -2.4% | -6.4% | -58.4% | -38.3% |
| Return on equity % | — | -81.4% | 260.6% | 61.5% | -4.5% |
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.