Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 35.1% | 35.8% | 50.3% | 70.3% |
| EBITDA margin % | 21.5% | 20.2% | 24.5% | 18.3% |
| EBIT margin % | 19.6% | 18% | 22.7% | 16.9% |
| PAT margin % | 14.9% | 12.7% | 16.9% | 11.7% |
| Working capital | ||||
| Receivable days | 95 | 94 | — | — |
| Inventory days | 137 | 260 | — | — |
| Payable days | 12 | 10 | — | — |
| NWC days | 219 | 343 | — | — |
| Leverage | ||||
| Current ratio | 2.8 | 2.25 | — | — |
| Debt to EBITDA | 1.12 | 2.16 | — | — |
| Debt to equity | 0.25 | 0.39 | — | — |
| Interest coverage | 8.6 | 6 | 9.7 | 6 |
| Asset turnover | 0.76 | 0.61 | — | — |
| Return ratios | ||||
| Return on assets % | 11.4% | 7.7% | — | — |
| Return on capital employed % | 18.1% | 15.3% | — | — |
| Return on equity % | 15.3% | 11.4% | — | — |
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.