Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | 31.4% | 28.1% |
| EBITDA margin % | — | 8% | 6.9% |
| EBIT margin % | — | 6.6% | 5.8% |
| PAT margin % | — | 2.4% | 3.1% |
| Working capital | |||
| Receivable days | — | 117 | 86 |
| Inventory days | — | 57 | 47 |
| Payable days | — | 84 | 55 |
| NWC days | — | 90 | 78 |
| Leverage | |||
| Current ratio | 1.39 | 1.52 | 1.75 |
| Debt to EBITDA | — | 1.88 | 1.5 |
| Debt to equity | 0.65 | 0.48 | 0.4 |
| Interest coverage | — | 3.3 | 5 |
| Asset turnover | 0 | 1.45 | 1.9 |
| Return ratios | |||
| Return on assets % | 0% | 3.5% | 5.9% |
| Return on capital employed % | 0% | 21% | 21.6% |
| Return on equity % | 0% | 7.7% | 12.1% |
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.