Consolidated figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 26.1% | 29.3% | 32.9% | 30.1% | 7.6% |
| EBITDA margin % | 12.2% | 22.2% | 24.9% | 11.8% | -7.5% |
| EBIT margin % | 5.7% | 7.6% | 5.6% | -43.1% | -37.8% |
| PAT margin % | 0.5% | 1.2% | -6.9% | -85.8% | -144.7% |
| Working capital | |||||
| Receivable days | 25 | 49 | 156 | 710 | 269 |
| Inventory days | 196 | 102 | 122 | 399 | 68 |
| Payable days | 125 | 74 | — | 411 | 181 |
| NWC days | 96 | 77 | — | 698 | 156 |
| Leverage | |||||
| Current ratio | 1.33 | 2.24 | 0.78 | 1.11 | 0.37 |
| Debt to EBITDA | 3.78 | 5.07 | 4.59 | 32.05 | — |
| Debt to equity | 0.81 | 1.33 | 1.48 | 1.83 | -28.23 |
| Interest coverage | 1.1 | 1.1 | 0.5 | -0.5 | -1 |
| Asset turnover | 0.7 | 0.43 | 0.34 | 0.12 | 0.26 |
| Return ratios | |||||
| Return on assets % | 0.3% | 0.5% | -2.4% | -10.3% | -37.6% |
| Return on capital employed % | 6.9% | 6.5% | 3.9% | -5.3% | -19.9% |
| Return on equity % | 0.9% | 1.4% | -8.9% | -41.7% | 1,208.3% |
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.