Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | 70.8% | 76.2% | 74.7% | 74.4% |
| EBITDA margin % | 8.4% | 10.9% | 6.9% | 3.7% | 9.9% | 16.7% | 4.4% | 0.8% |
| EBIT margin % | 6% | 8.8% | 4.1% | 1.2% | 7.7% | 14.8% | 2.4% | -1.3% |
| PAT margin % | 2.8% | 5% | 1.5% | -0.9% | 4.5% | 10.8% | 3.7% | 1.6% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 1 | 0 | 3 | 4 |
| Inventory days | — | — | — | — | 61 | 69 | 73 | 52 |
| Payable days | — | — | — | — | 55 | 47 | 56 | 44 |
| NWC days | — | — | — | — | 7 | 22 | 20 | 12 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 0.7 | 1.32 | 1.41 | 1.04 |
| Debt to EBITDA | — | — | — | — | 2.03 | 0.42 | 2.73 | 37.33 |
| Debt to equity | — | — | — | — | 0.49 | 0.15 | 0.24 | 0.56 |
| Interest coverage | 2.1 | 3.1 | 1.4 | 0.6 | 3.2 | 8.4 | 2.6 | 1.8 |
| Asset turnover | — | — | — | — | 1.28 | 1.41 | 1.28 | 0.99 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | 5.7% | 15.1% | 4.7% | 1.6% |
| Return on capital employed % | — | — | — | — | 15.5% | 29.2% | 6.5% | 6.6% |
| Return on equity % | — | — | — | — | 11% | 22.6% | 7.4% | 3.1% |
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.