Consolidated figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | -17% | -7.4% | 64.3% | -41.1% | -27.5% | 25.4% | 62.2% | — |
| EBIT margin % | -88.4% | -75.5% | 19% | -76.5% | -56.4% | -3.6% | 48% | — |
| PAT margin % | -356.1% | -166.4% | 6.1% | -100.6% | -86.9% | 10.8% | 134.8% | — |
| Working capital | ||||||||
| Receivable days | 5 | — | — | — | — | 11 | 0 | — |
| Inventory days | 6 | — | — | — | — | 7 | 0 | — |
| Payable days | — | — | — | — | — | 106 | 1 | — |
| NWC days | — | — | — | — | — | -88 | -1 | — |
| Leverage | ||||||||
| Current ratio | 0.41 | — | — | — | — | 0.4 | 15.89 | 0.47 |
| Debt to EBITDA | — | — | — | — | — | 6.92 | 0.65 | — |
| Debt to equity | 2.49 | — | — | — | — | -0.59 | -0.27 | -0.2 |
| Interest coverage | -3.7 | -2 | 1.1 | -2.4 | -1.1 | 0.7 | 10.4 | -0.7 |
| Asset turnover | 0.09 | — | — | — | — | 0.28 | 0.73 | 0 |
| Return ratios | ||||||||
| Return on assets % | -33.6% | — | — | — | — | 3% | 98.5% | -2.6% |
| Return on capital employed % | -8% | — | — | — | — | 8.3% | 75.8% | -2.5% |
| Return on equity % | -151.4% | — | — | — | — | -3.6% | -90.2% | 1.9% |
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.