Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | 6.6% | 5.2% | 5.8% |
| EBITDA margin % | 0% | — | — | — | 0.6% | 1.8% | 0.9% | 2% |
| EBIT margin % | 0% | — | — | — | 0.6% | 1.6% | -0.6% | 1.1% |
| PAT margin % | — | — | — | — | 3.2% | 4.4% | 5.2% | 4.3% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | — | 58 | 40 | 65 |
| Inventory days | — | — | — | — | — | 0 | 0 | 0 |
| Payable days | — | — | — | — | — | 26 | 15 | 17 |
| NWC days | — | — | — | — | — | 32 | 25 | 48 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | 2.39 | 3.1 | 6.18 |
| Debt to EBITDA | — | — | — | — | — | 8.18 | 9.78 | 3.31 |
| Debt to equity | — | — | — | — | — | 0.06 | 0.03 | 0.04 |
| Interest coverage | — | — | — | — | 52.7 | 14.7 | 67.3 | 9.5 |
| Asset turnover | — | — | — | — | — | 0.36 | 0.37 | 0.59 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | — | 1.6% | 1.9% | 2.6% |
| Return on capital employed % | — | — | — | — | — | 2.4% | 3.2% | 5.1% |
| Return on equity % | — | — | — | — | — | 1.8% | 2% | 2.8% |
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.