Consolidated figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 41.4% | 47.6% | 41.7% | 44.7% | — | — | — |
| EBITDA margin % | 0.7% | 8.8% | 8.3% | — | 18.1% | 11.9% | 18% |
| EBIT margin % | -2.8% | 6.4% | 7.3% | — | 16.8% | 9.8% | 16.1% |
| PAT margin % | -4.2% | 4.6% | 3.6% | 5.7% | 12.8% | 8.4% | 12.7% |
| Working capital | |||||||
| Receivable days | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | — | — | — |
| Payable days | — | — | — | — | — | — | — |
| NWC days | — | — | — | — | — | — | — |
| Leverage | |||||||
| Current ratio | — | — | — | — | 1.85 | 1.97 | 2.01 |
| Debt to EBITDA | — | — | — | — | 0.55 | 1.1 | 0.38 |
| Debt to equity | — | — | — | — | 0.29 | 0.28 | 0.13 |
| Interest coverage | -0.5 | 2.2 | 3.3 | 0.3 | 10.7 | 7.4 | 14 |
| Asset turnover | — | — | — | 3.71 | 1.38 | 1.11 | 1.2 |
| Return ratios | |||||||
| Return on assets % | — | — | — | 21.1% | 17.8% | 9.2% | 15.2% |
| Return on capital employed % | — | — | — | — | 44.2% | 24.2% | 37.5% |
| Return on equity % | — | — | — | — | 38.3% | 17.6% | 24.7% |
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.