Consolidated figures
| Ratio | Mar 2021 | Mar 2022 |
|---|---|---|
| Margins | ||
| Gross margin % | 36.4% | 37.1% |
| EBITDA margin % | 20.9% | 15.7% |
| EBIT margin % | 16.1% | 13.4% |
| PAT margin % | 13.4% | 11.9% |
| Working capital | ||
| Receivable days | 137 | 159 |
| Inventory days | 121 | 152 |
| Payable days | 36 | 38 |
| NWC days | 222 | 273 |
| Leverage | ||
| Current ratio | 10.95 | 12.76 |
| Debt to EBITDA | 0 | 0 |
| Debt to equity | 0 | 0 |
| Interest coverage | — | — |
| Asset turnover | 0.59 | 0.54 |
| Return ratios | ||
| Return on assets % | 7.9% | 6.4% |
| Return on capital employed % | 10.5% | 8% |
| Return on equity % | 8.2% | 6.6% |
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.