Standalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -0.4% | -0.7% | -0.2% | -0.2% | 0% | 0.1% | 0% | 0% |
| EBIT margin % | -0.6% | -0.8% | -0.3% | -0.5% | -0.1% | 0% | -0% | -0.1% |
| PAT margin % | 3.2% | -0.6% | -0.2% | -0.4% | 0% | 0% | 0% | 0.2% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | — | — | — |
| Inventory days | — | 1 | 0 | — | — | 0 | 1 | — |
| Payable days | 2 | 0 | 0 | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | — | — | — | — | — | 3 | 25.46 | — |
| Debt to equity | 2.2 | 0.3 | 0.4 | — | — | 0.12 | 0.32 | — |
| Interest coverage | 12.7 | -3.3 | -1.7 | -1.1 | 1.3 | 2.8 | 1.5 | 2.5 |
| Asset turnover | 35.37 | 16.61 | 26.39 | — | — | 21.83 | 16.11 | — |
| Return ratios | ||||||||
| Return on assets % | 111.6% | -9.6% | -5.7% | — | — | 0.3% | 0.4% | — |
| Return on capital employed % | 157.3% | — | — | — | — | — | — | — |
| Return on equity % | 549.9% | -14.4% | -9.5% | — | — | 0.8% | 1.1% | — |
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.