Consolidated figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | 72.5% | 77.3% | 66.6% | 63% |
| EBITDA margin % | -0.9% | -2.1% | -0.3% | -2% | -1.7% | -28.9% |
| EBIT margin % | -0.9% | -2.1% | -2.3% | -3.6% | -3.4% | -31.1% |
| PAT margin % | 7.3% | 3.7% | 10.6% | -1.3% | 3.4% | -15.3% |
| Working capital | ||||||
| Receivable days | 93 | 117 | 70 | 70 | 115 | 118 |
| Inventory days | 39 | 46 | 185 | 193 | 155 | 109 |
| Payable days | — | — | 252 | 231 | 304 | 246 |
| NWC days | — | — | 2 | 32 | -33 | -19 |
| Leverage | ||||||
| Current ratio | 1.23 | 1.49 | 1.16 | 1.16 | 1.04 | 0.76 |
| Debt to EBITDA | — | — | — | — | — | — |
| Debt to equity | 0.28 | 0.12 | 0.18 | 0.18 | 0.26 | 0.34 |
| Interest coverage | — | — | 2.8 | 5.2 | 1.9 | -3.7 |
| Asset turnover | 0.81 | 0.63 | 0.52 | 0.65 | 0.5 | 0.44 |
| Return ratios | ||||||
| Return on assets % | 5.9% | 2.3% | 5.5% | -0.8% | 1.7% | -6.7% |
| Return on capital employed % | 12.4% | 5.8% | 5.7% | 9.7% | 4.3% | -13.5% |
| Return on equity % | 13.7% | 4% | 9.3% | -1.4% | 3.3% | -14% |
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.