Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 58.4% | 57.1% | 55.7% | 57.7% |
| EBITDA margin % | 12.8% | 14.9% | 7.9% | 6% |
| EBIT margin % | 11% | 13.3% | 6.1% | 4.3% |
| PAT margin % | 7% | 9.2% | 4.7% | 4.7% |
| Working capital | ||||
| Receivable days | 32 | 30 | 28 | 30 |
| Inventory days | 116 | 104 | 133 | 96 |
| Payable days | 54 | 47 | 56 | 38 |
| NWC days | 94 | 86 | 105 | 87 |
| Leverage | ||||
| Current ratio | 1.33 | 1.96 | 1.96 | 1.82 |
| Debt to EBITDA | 1.29 | 0.57 | 1.31 | 2.8 |
| Debt to equity | 0.45 | 0.21 | 0.25 | 0.37 |
| Interest coverage | 6.1 | 9.7 | 5.5 | 4.8 |
| Asset turnover | 1.33 | 1.46 | 1.35 | 1.15 |
| Return ratios | ||||
| Return on assets % | 9.3% | 13.4% | 6.4% | 5.3% |
| Return on capital employed % | 23.6% | 29.2% | 13.3% | 12.5% |
| Return on equity % | 19% | 23.3% | 11.3% | 10.2% |
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.