Consolidated figures
| Ratio | Mar 2021 | Mar 2022 |
|---|---|---|
| Margins | ||
| Gross margin % | 52.8% | 34.7% |
| EBITDA margin % | 10.4% | -5.6% |
| EBIT margin % | 4.9% | -12% |
| PAT margin % | 3.3% | -15.6% |
| Working capital | ||
| Receivable days | 69 | 103 |
| Inventory days | 589 | 286 |
| Payable days | 239 | 126 |
| NWC days | 419 | 264 |
| Leverage | ||
| Current ratio | 1.53 | 1.36 |
| Debt to EBITDA | 5.67 | — |
| Debt to equity | 0.74 | 0.96 |
| Interest coverage | 2.2 | -2.4 |
| Asset turnover | 0.53 | 0.71 |
| Return ratios | ||
| Return on assets % | 1.8% | -11.1% |
| Return on capital employed % | 8.8% | -13.8% |
| Return on equity % | 4.2% | -30.9% |
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.