Standalone figures
| Ratio | Mar 2019 | 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 % | 1,421.9% | -352.4% | — | — | 0.1% | 13% | 5.9% | 10.3% |
| EBIT margin % | -1,465.6% | -2,357.1% | — | — | -0.2% | 12.8% | 5.1% | 8.4% |
| PAT margin % | -70,043.7% | -28,857.1% | — | — | 24.7% | 50.1% | -6.4% | 2% |
| Working capital | ||||||||
| Receivable days | 2,133 | 14,930 | — | — | 386 | 95 | 113 | 233 |
| Inventory days | — | — | — | — | 25 | 41 | 35 | 21 |
| Payable days | — | 11,407 | — | — | 192 | 100 | 82 | 152 |
| NWC days | — | — | — | — | 219 | 36 | 65 | 102 |
| Leverage | ||||||||
| Current ratio | 0.1 | 0.13 | 0.08 | 0.53 | 0.73 | 1.23 | 1.75 | 3.96 |
| Debt to EBITDA | 1.2 | — | — | — | 713.89 | 1.43 | 5.18 | 5.63 |
| Debt to equity | -0.22 | -1.19 | -1.23 | -3.78 | 0.99 | 0.24 | 0.23 | 0.1 |
| Interest coverage | 0.1 | — | — | -0.1 | 0.7 | 7.4 | 2 | 1.3 |
| Asset turnover | 0 | 0 | 0 | 0 | 0.33 | 0.75 | 0.48 | 0.15 |
| Return ratios | ||||||||
| Return on assets % | -189.5% | -82.5% | -11.5% | -72.7% | 8.2% | 37.6% | -3.1% | 0.3% |
| Return on capital employed % | -39.8% | 6.8% | 8.2% | -2.7% | 5.4% | 22.3% | 4.2% | 2.1% |
| Return on equity % | 917.9% | 71.3% | 9% | 256.6% | 30.2% | 64.3% | -4.8% | 0.4% |
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.