Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 1.5% | 1.4% | 0.5% | 2.2% | 10.3% | 17.7% | 17.3% | 14.5% |
| EBITDA margin % | -0.2% | 0.3% | -0.4% | -0.7% | 1.8% | 3.2% | 2% | 3.3% |
| EBIT margin % | -0.2% | 0.3% | -0.5% | -0.7% | 1.7% | 3.2% | 1.9% | 3.1% |
| PAT margin % | 1% | 1.1% | 1.3% | 1.1% | 3.4% | 4.1% | 2.9% | 3.3% |
| Working capital | ||||||||
| Receivable days | — | — | 124 | 340 | 95 | 110 | 132 | 103 |
| Inventory days | — | — | 11 | 31 | 113 | 250 | 147 | 79 |
| Payable days | — | — | 248 | 200 | 83 | 0 | 38 | 31 |
| NWC days | — | — | -113 | 171 | 125 | 360 | 242 | 151 |
| Leverage | ||||||||
| Current ratio | — | — | 0.7 | 1.96 | 1.6 | 1.11 | 1.07 | 1.29 |
| Debt to EBITDA | — | — | — | — | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | 225 | 216 | 15.7 | 23.4 | — | — | — |
| Asset turnover | — | 336.19 | 0.27 | 0.12 | 0.16 | 0.19 | 0.22 | 0.31 |
| Return ratios | ||||||||
| Return on assets % | — | 374.4% | 0.4% | 0.1% | 0.6% | 0.8% | 0.6% | 1% |
| Return on capital employed % | — | — | 0.6% | 0.2% | 0.5% | 1.3% | 1.1% | 1.5% |
| Return on equity % | — | — | 1.3% | 0.5% | 0.9% | 1.2% | 1% | 1.3% |
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.