Consolidated figures
| Ratio | Mar 2016 | Mar 2017 |
|---|---|---|
| Margins | ||
| Gross margin % | — | — |
| EBITDA margin % | -5.2% | 14.9% |
| EBIT margin % | -5.2% | 14.9% |
| PAT margin % | -81.4% | -63.3% |
| Working capital | ||
| Receivable days | 61 | 33 |
| Inventory days | 0 | 0 |
| Payable days | 11 | 8 |
| NWC days | 50 | 25 |
| Leverage | ||
| Current ratio | 1.33 | 0.61 |
| Debt to EBITDA | — | 33.3 |
| Debt to equity | 6.07 | 24.71 |
| Interest coverage | -0.1 | 0.3 |
| Asset turnover | 0.15 | 0.17 |
| Return ratios | ||
| Return on assets % | -12.3% | -10.7% |
| Return on capital employed % | -0.5% | 2.9% |
| Return on equity % | -94.3% | -315.7% |
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.