Standalone figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | 62.9% | 56.1% | 44.5% | 46.4% | 42.8% | 53.3% | 39% | -15.6% |
| EBIT margin % | 56.6% | 51.8% | 37.9% | 40% | 31.4% | 37.9% | 27% | -32.7% |
| PAT margin % | 36.7% | 36.4% | 30.1% | 56.3% | -37.1% | 4.6% | 505.1% | 527.1% |
| Working capital | ||||||||
| Receivable days | 13 | 17 | 25 | 13 | 10 | 12 | 22 | 53 |
| Inventory days | 13 | 13 | 10 | 8 | — | 0 | 0 | 0 |
| Payable days | — | — | 24 | 25 | 27 | 45 | 102 | 65 |
| NWC days | — | — | 11 | -4 | — | -33 | -80 | -12 |
| Leverage | ||||||||
| Current ratio | 5.48 | 9.11 | 3.51 | 2.52 | 2.27 | 1.91 | 6.13 | 24.77 |
| Debt to EBITDA | — | — | 3.77 | 3.31 | 8.13 | 9.75 | 14.27 | — |
| Debt to equity | — | — | 0.42 | 0.38 | 0.41 | 0.41 | 0.3 | 1.11 |
| Interest coverage | 831 | 324.6 | 4 | 3.9 | 1.3 | 1.2 | 20.4 | 3 |
| Asset turnover | 0.31 | 0.28 | 0.16 | 0.17 | 0.08 | 0.05 | 0.03 | 0.01 |
| Return ratios | ||||||||
| Return on assets % | 11.4% | 10.3% | 4.9% | 9.4% | -2.9% | 0.2% | 17.3% | 5.8% |
| Return on capital employed % | 18.4% | 15.4% | 7.9% | 9.7% | 3.3% | 3.1% | 23.3% | 12% |
| Return on equity % | 12.9% | 11.6% | 7.6% | 13.8% | -4.3% | 0.4% | 27.6% | 12.4% |
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.