Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | 35.8% | 49.2% | 52.7% | 61.9% |
| EBITDA margin % | -423.8% | — | — | 0.1% | 12.6% | 4.5% | 9.9% |
| EBIT margin % | -2,428.6% | — | — | -0.2% | 12.4% | 3.7% | 8% |
| PAT margin % | -28,933.3% | — | — | 24.7% | 14.4% | -7.4% | 2.4% |
| Working capital | |||||||
| Receivable days | 14,930 | — | — | 386 | 95 | 113 | 233 |
| Inventory days | — | — | — | 25 | 41 | 35 | 21 |
| Payable days | 9,852 | — | — | 192 | 100 | 83 | 153 |
| NWC days | — | — | — | 219 | 36 | 65 | 101 |
| Leverage | |||||||
| Current ratio | 0.13 | 0.08 | 0.53 | 0.73 | 1.18 | 1.53 | 3.08 |
| Debt to EBITDA | — | — | — | 803.13 | 1.72 | 7.8 | 7.27 |
| Debt to equity | -1.19 | -1.23 | -3.77 | 0.99 | 0.52 | 0.43 | 0.17 |
| Interest coverage | -255 | — | -0.1 | 0.7 | 7.2 | 1.6 | 1.3 |
| Asset turnover | 0 | 0 | 0 | 0.33 | 0.93 | 0.58 | 0.17 |
| Return ratios | |||||||
| Return on assets % | -82.8% | -11.5% | -72.9% | 8.2% | 13.4% | -4.3% | 0.4% |
| Return on capital employed % | 7.1% | 8.2% | -3.5% | 5.4% | 27.8% | 5.3% | 3.1% |
| Return on equity % | 71.4% | 9% | 256.5% | 30.2% | 34.2% | -8.9% | 0.6% |
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.