Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -81.8% | -33.8% | 25.3% | -181.7% | -108.2% | -180.7% | -189% | -190.1% |
| EBIT margin % | -85.9% | -40.7% | 21.8% | -182.9% | -119.7% | -213% | -227.2% | -217.6% |
| PAT margin % | -81.8% | -26.8% | 29% | -159.4% | -108.8% | -214.7% | -207.2% | -202.9% |
| Working capital | ||||||||
| Receivable days | 57 | 45 | 76 | 79 | 98 | 61 | 95 | 105 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 22 | 5 | 6 | 7 | 5 | 6 | 6 | 9 |
| NWC days | — | — | 71 | 72 | 92 | 55 | 90 | 96 |
| Leverage | ||||||||
| Current ratio | 8.3 | 9.74 | 13.8 | 16.93 | 6.35 | 3.49 | 3.67 | 5.02 |
| Debt to EBITDA | — | — | 0 | — | — | — | — | — |
| Debt to equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | -25.1 | 84 | — | -63.9 | -58.4 | -79.6 | -148.2 |
| Asset turnover | 0.12 | 0.15 | 0.2 | 0.07 | 0.18 | 0.09 | 0.05 | 0.04 |
| Return ratios | ||||||||
| Return on assets % | -10% | -4.1% | 5.8% | -11.5% | -19.9% | -18.5% | -11.2% | -8.9% |
| Return on capital employed % | -15.4% | -4.1% | 7% | -15.2% | -17.4% | -16.8% | -11.3% | -9.6% |
| Return on equity % | -12.2% | -4.8% | 6.9% | -13.2% | -23.9% | -22.4% | -12.6% | -10.1% |
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.