Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 57% | 62.9% | 73.7% | 93.9% |
| EBITDA margin % | 17.8% | 24.9% | -68.3% | 19.6% |
| EBIT margin % | -0.8% | 14.1% | -78.3% | 5.4% |
| PAT margin % | 4.5% | 152.2% | -35.4% | 11% |
| Working capital | ||||
| Receivable days | 171 | 178 | 164 | 290 |
| Inventory days | 225 | 287 | 186 | 1,050 |
| Payable days | 234 | 207 | 331 | 1,241 |
| NWC days | 161 | 257 | 19 | 99 |
| Leverage | ||||
| Current ratio | 3.37 | 0.57 | 0.5 | 0.82 |
| Debt to EBITDA | 18.05 | 0 | — | 0 |
| Debt to equity | 2.91 | 0 | 0 | 0 |
| Interest coverage | 6.3 | 32.6 | -73.8 | 7.3 |
| Asset turnover | 0.21 | 0.24 | 0.31 | 0.22 |
| Return ratios | ||||
| Return on assets % | 0.9% | 36.8% | -10.8% | 2.4% |
| Return on capital employed % | 0.6% | 5.5% | -15.5% | 3.3% |
| Return on equity % | 4.1% | 59.2% | -18.2% | 3.6% |
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.