Standalone figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | 51.8% | 51.8% | 92.6% | 27% | 59.7% |
| EBITDA margin % | -27.1% | 9.2% | 9.2% | 44% | -59.2% | 27.4% |
| EBIT margin % | -29.4% | 8.4% | 8.4% | 43.2% | -63.5% | 26.2% |
| PAT margin % | -81.8% | -8.9% | -8.9% | 36.9% | -7% | 18.3% |
| Working capital | ||||||
| Receivable days | — | 36 | 39 | 38 | 47 | 3 |
| Inventory days | — | 551 | 251 | 1,767 | 512 | 233 |
| Payable days | — | 238 | 0 | 45 | 4 | 123 |
| NWC days | — | 349 | 290 | 1,760 | 554 | 112 |
| Leverage | ||||||
| Current ratio | — | 0.18 | 0.1 | 0.09 | 0.08 | 0.04 |
| Debt to EBITDA | — | 5.6 | — | 0.06 | — | 0.17 |
| Debt to equity | — | -0.33 | — | -0.01 | -0.01 | -0.01 |
| Interest coverage | -0.5 | 0.9 | 0.9 | 2.3 | -1.2 | 3.5 |
| Asset turnover | — | 0.29 | 0.32 | 0.29 | 0.1 | 0.2 |
| Return ratios | ||||||
| Return on assets % | — | -2.6% | -2.8% | 10.8% | -0.7% | 3.7% |
| Return on capital employed % | — | -16.4% | -11.9% | -24.1% | 8.4% | -10.3% |
| Return on equity % | — | 5.6% | 4.6% | -18.2% | 1.1% | -5.3% |
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.