Standalone figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 81% | 82.7% | 85.4% | 88.9% |
| EBITDA margin % | 27.6% | 24.4% | 23.4% | 10.7% |
| EBIT margin % | 13.2% | 10.2% | 9.2% | -4.5% |
| PAT margin % | 5.1% | -6.7% | 1.2% | -6.4% |
| Working capital | ||||
| Receivable days | 188 | 213 | 217 | 200 |
| Inventory days | 98 | 103 | 150 | 274 |
| Payable days | 589 | 737 | 673 | 1,120 |
| NWC days | -303 | -421 | -307 | -646 |
| Leverage | ||||
| Current ratio | 1.45 | 1.06 | 1.24 | 1.03 |
| Debt to EBITDA | 2.87 | 1.84 | 3.73 | 8.5 |
| Debt to equity | 1.71 | 1.07 | 1.84 | 1.84 |
| Interest coverage | 1.9 | 0.6 | 1.1 | 0 |
| Asset turnover | 0.5 | 0.62 | 0.59 | 0.55 |
| Return ratios | ||||
| Return on assets % | 2.6% | -4.1% | 0.7% | -3.5% |
| Return on capital employed % | 12.9% | 10.4% | 11.3% | 0.3% |
| Return on equity % | 11% | -16.1% | 2.6% | -13% |
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.