Consolidated figures
| Ratio | Mar 2021 | Mar 2022 |
|---|---|---|
| Margins | ||
| Gross margin % | 34.4% | 27.1% |
| EBITDA margin % | 6.1% | -7.2% |
| EBIT margin % | 2.9% | -9.7% |
| PAT margin % | -1.5% | -13.2% |
| Working capital | ||
| Receivable days | 146 | 101 |
| Inventory days | 87 | 52 |
| Payable days | 85 | 52 |
| NWC days | 148 | 101 |
| Leverage | ||
| Current ratio | 1.04 | 1.12 |
| Debt to EBITDA | 8.51 | — |
| Debt to equity | 5.98 | 68.12 |
| Interest coverage | 0.7 | -2.1 |
| Asset turnover | 1.22 | 1.54 |
| Return ratios | ||
| Return on assets % | -1.8% | -20.3% |
| Return on capital employed % | 15.2% | -37.4% |
| Return on equity % | -17% | -1,991.7% |
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.