Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 47.3% | 45.3% | -13.5% | -30% |
| EBITDA margin % | -20.7% | -6.1% | -85.5% | -100.9% |
| EBIT margin % | -26.1% | -13.7% | -92% | -105.3% |
| PAT margin % | -26.3% | -7.6% | 30.7% | -89.4% |
| Working capital | ||||
| Receivable days | 87 | 124 | 76 | 74 |
| Inventory days | 1,583 | 2,269 | 844 | 628 |
| Payable days | 413 | 550 | 211 | 182 |
| NWC days | 1,257 | 1,843 | 709 | 519 |
| Leverage | ||||
| Current ratio | 1.05 | 1.13 | 3.37 | 2.35 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | 1.1 | 0.92 | 0.37 | 1.01 |
| Interest coverage | -1.9 | -0.2 | 2.7 | -28.1 |
| Asset turnover | 0.21 | 0.14 | 0.18 | 0.19 |
| Return ratios | ||||
| Return on assets % | -5.5% | -1.1% | 5.4% | -16.7% |
| Return on capital employed % | -11% | -1.1% | 10.4% | -20% |
| Return on equity % | -25.4% | -4.8% | 19.1% | -96.5% |
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.