Consolidated figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | — | — | — | 96.4% | 47.9% | 46.2% |
| EBITDA margin % | 5.9% | 8.4% | 9% | 12.8% | 9% | 7% |
| EBIT margin % | 2.2% | 3.3% | 3.4% | 6% | 4.7% | 3.8% |
| PAT margin % | 1.7% | 2.7% | 2.6% | 4.4% | 3.9% | 3.2% |
| Working capital | ||||||
| Receivable days | — | — | — | — | — | 66 |
| Inventory days | — | — | — | — | — | 132 |
| Payable days | — | — | — | — | — | 147 |
| NWC days | — | — | — | — | — | 51 |
| Leverage | ||||||
| Current ratio | — | — | — | — | — | 1.32 |
| Debt to EBITDA | — | — | — | — | — | 2.98 |
| Debt to equity | — | — | — | — | — | 0.64 |
| Interest coverage | 4.7 | 3.9 | 3 | 3.5 | 3.3 | 3.1 |
| Asset turnover | — | — | — | — | — | 1.27 |
| Return ratios | ||||||
| Return on assets % | — | — | — | — | — | 4% |
| Return on capital employed % | — | — | — | — | — | 15.9% |
| Return on equity % | — | — | — | — | — | 9.7% |
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.