Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 82.7% | 84.1% | 77.7% | 84.5% | 92.7% | 78.6% |
| EBITDA margin % | -12.9% | 4.4% | 1.3% | -6.6% | -8.4% | 2.4% |
| EBIT margin % | -20.9% | -2.4% | -5.1% | -13.6% | -15.4% | -2.1% |
| PAT margin % | -26.4% | -8.9% | -12.1% | -9.5% | -6.1% | -5% |
| Working capital | ||||||
| Receivable days | — | 5 | 5 | 6 | 3 | — |
| Inventory days | — | 507 | 240 | 366 | 1,012 | — |
| Payable days | — | 92 | 50 | 85 | 124 | — |
| NWC days | — | 420 | 195 | 288 | 891 | — |
| Leverage | ||||||
| Current ratio | — | 0.31 | 0.32 | 0.67 | 0.66 | — |
| Debt to EBITDA | — | 19.7 | 46.65 | — | — | — |
| Debt to equity | — | 0.89 | 0.64 | 0.43 | 0.48 | — |
| Interest coverage | -2.5 | -0.2 | -0.5 | -1.7 | -2.2 | -0.2 |
| Asset turnover | — | 0.45 | 0.54 | 0.5 | 0.5 | — |
| Return ratios | ||||||
| Return on assets % | — | -4.1% | -6.5% | -4.7% | -3.1% | — |
| Return on capital employed % | — | -1.4% | -3.6% | -8.4% | -7.4% | — |
| Return on equity % | — | -9.1% | -12.6% | -8.5% | -5.5% | — |
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.