Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 94.9% | 96% | 93.8% |
| EBITDA margin % | 18% | 20.4% | 17% |
| EBIT margin % | -1.7% | -0.6% | -3.7% |
| PAT margin % | -13.4% | -1.4% | 0.2% |
| Working capital | |||
| Receivable days | 28 | 27 | 27 |
| Inventory days | 331 | 436 | 134 |
| Payable days | 1 | 2,356 | 899 |
| NWC days | 358 | -1,893 | -739 |
| Leverage | |||
| Current ratio | 0.43 | 0.3 | 0.29 |
| Debt to EBITDA | 3.91 | 4.86 | 4.93 |
| Debt to equity | 5.87 | 11.66 | 2.6 |
| Interest coverage | 1.2 | 0.2 | 0.2 |
| Asset turnover | 0.51 | 0.52 | 0.53 |
| Return ratios | |||
| Return on assets % | -6.8% | -0.7% | 0.1% |
| Return on capital employed % | 22% | 4.4% | 4.4% |
| Return on equity % | -111.5% | -16.8% | 0.5% |
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.