Consolidated figures
| Ratio | Mar 2021 | Mar 2022 |
|---|---|---|
| Margins | ||
| Gross margin % | 47.4% | 50% |
| EBITDA margin % | 16.3% | 20.2% |
| EBIT margin % | 11.7% | 15.8% |
| PAT margin % | 3.8% | 10.4% |
| Working capital | ||
| Receivable days | 50 | 41 |
| Inventory days | 197 | 216 |
| Payable days | 167 | 120 |
| NWC days | 81 | 137 |
| Leverage | ||
| Current ratio | 1.45 | 1.59 |
| Debt to EBITDA | 1.17 | 0.72 |
| Debt to equity | 0.43 | 0.41 |
| Interest coverage | 5.1 | 9.8 |
| Asset turnover | 1.04 | 1.24 |
| Return ratios | ||
| Return on assets % | 3.9% | 13% |
| Return on capital employed % | 20.7% | 38.1% |
| Return on equity % | 8.6% | 29.1% |
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.