Consolidated figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin % | 32.2% | 45% | 80.4% | 27% | 59.7% |
| EBITDA margin % | -45.3% | 10.4% | — | -59.4% | 27.3% |
| EBIT margin % | -47.7% | 9.5% | — | -63.7% | 26.1% |
| PAT margin % | -79.6% | -10.2% | 35.8% | -6.8% | 18.3% |
| Working capital | |||||
| Receivable days | 88 | 44 | 37 | 47 | 3 |
| Inventory days | 962 | 251 | 652 | 512 | 233 |
| Payable days | 416 | 0 | 17 | 4 | 123 |
| NWC days | 635 | 295 | 673 | 554 | 112 |
| Leverage | |||||
| Current ratio | 0.16 | 0.09 | 0.09 | 0.08 | 0.04 |
| Debt to EBITDA | — | — | — | — | 0.18 |
| Debt to equity | -0.23 | — | -0 | -0.01 | -0.01 |
| Interest coverage | -0.1 | 0.9 | 0.1 | -1.2 | 3.5 |
| Asset turnover | 0.12 | 0.3 | 0.39 | 0.13 | 0.28 |
| Return ratios | |||||
| Return on assets % | -9.9% | -3% | 14.1% | -0.9% | 5.1% |
| Return on capital employed % | 1.1% | -8.9% | -0.7% | 6.1% | -7.4% |
| Return on equity % | 14.5% | 3.4% | -13.1% | 0.7% | -3.7% |
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.