Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 34.8% | 36.8% | 37.2% | 32.3% |
| EBITDA margin % | 3.4% | 6.8% | ||
| 4.9% |
| 0.7% |
| EBIT margin % | -2.1% | 3.1% | 1.1% | -2.6% |
| PAT margin % | -1.3% | 2.7% | 0.2% | -3.4% |
| Working capital | ||||
| Receivable days | 125 | 100 | 134 | 117 |
| Inventory days | 349 | 307 | 298 | 245 |
| Payable days | 234 | 208 | 183 | 202 |
| NWC days | 240 | 199 | 249 | 160 |
| Leverage | ||||
| Current ratio | 1.94 | 1.91 | 2.03 | 1.89 |
| Debt to EBITDA | 6.23 | 2.42 | 3.05 | 20.16 |
| Debt to equity | 0.19 | 0.19 | 0.18 | 0.19 |
| Interest coverage | 0.6 | 2.2 | 1.1 | -0.4 |
| Asset turnover | 0.53 | 0.64 | 0.67 | 0.77 |
| Return ratios | ||||
| Return on assets % | -0.7% | 1.8% | 0.1% | -2.6% |
| Return on capital employed % | 1.7% | 4.8% | 2.5% | -1.2% |
| Return on equity % | -1.2% | 3.1% | 0.2% | -5% |
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.