Standalone figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| 53.5% |
| 49.2% |
| 50.7% |
| 46.4% |
| EBITDA margin % | -1.7% | -2.6% | -3.5% | -2.8% | -2.7% | -1.6% | -3.9% | -4.1% |
| EBIT margin % | -5.2% | -6.8% | -14.7% | -16.4% | -16.7% | -10.8% | -13.1% | -12.4% |
| PAT margin % | 1.6% | -6.9% | -9.1% | -16.4% | -9.9% | -8.5% | -10.4% | -11% |
| Working capital | ||||||||
| Receivable days | — | — | — | — | 127 | 81 | 64 | 80 |
| Inventory days | — | — | — | — | 257 | 142 | 162 | 102 |
| Payable days | — | — | — | — | 251 | 159 | 139 | 158 |
| NWC days | — | — | — | — | 133 | 64 | 87 | 25 |
| Leverage | ||||||||
| Current ratio | — | — | — | — | 0.88 | 0.71 | 0.76 | 0.7 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | 0.35 | 0.37 | 0.41 | 0.46 |
| Interest coverage | -0.4 | -1.2 | -1.3 | -1.9 | -0.2 | -0.7 | -1 | -1.1 |
| Asset turnover | — | — | — | — | 0.38 | 0.5 | 0.56 | 0.64 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | — | -3.7% | -4.3% | -5.9% | -7.1% |
| Return on capital employed % | — | — | — | — | -0.6% | -2.8% | -4.7% | -6% |
| Return on equity % | — | — | — | — | -6.4% | -7.6% | -10.5% | -14.3% |
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.