Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 85.6% | — | — | — |
| EBITDA margin % | -23.8% | 15.7% | 33.1% | 35.5% |
| EBIT margin % | -79.6% | 1.1% | 25.6% | 28.7% |
| PAT margin % | -124.5% | -31.1% | -12.1% | 3.6% |
| Working capital | ||||
| Receivable days | 26 | 20 | 12 | 12 |
| Inventory days | 1,480 | 115 | 84 | 77 |
| Payable days | 1,166 | 58 | 51 | 57 |
| NWC days | 340 | 77 | 45 | 31 |
| Leverage | ||||
| Current ratio | 0.93 | 0.91 | 0.69 | 0.35 |
| Debt to EBITDA | — | 43.9 | 10.35 | 8.01 |
| Debt to equity | 1.89 | 2.2 | 2.28 | 2.09 |
| Interest coverage | -0.8 | 0.1 | 1.1 | 1.3 |
| Asset turnover | 0.05 | 0.1 | 0.19 | 0.22 |
| Return ratios | ||||
| Return on assets % | -5.7% | -3% | -2.3% | 0.8% |
| Return on capital employed % | -3.9% | 0.4% | 5.9% | 8.2% |
| Return on equity % | -17.5% | -9.9% | -8% | 2.6% |
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.