Consolidated figures
| Ratio | Mar 2023 | Mar 2024 |
|---|---|---|
| Margins | ||
| Gross margin % | 26.4% | 28.1% |
| EBITDA margin % | 10.2% | 13.2% |
| EBIT margin % | 9.8% | 11.8% |
| PAT margin % | 8.6% | 9% |
| Working capital | ||
| Receivable days | 112 | 228 |
| Inventory days | 227 | 154 |
| Payable days | 91 | 176 |
| NWC days | 249 | 205 |
| Leverage | ||
| Current ratio | 8.52 | 4.25 |
| Debt to EBITDA | 13.98 | 19.09 |
| Debt to equity | 0.46 | 0.69 |
| Interest coverage | 81 | 14.8 |
| Asset turnover | 0.21 | 0.15 |
| Return ratios | ||
| Return on assets % | 1.8% | 1.3% |
| Return on capital employed % | 2.2% | 3% |
| Return on equity % | 2.8% | 2.5% |
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.