Consolidated figures
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 85.2% | 81% | 88.5% |
| EBITDA margin % | -3.4% | -14.5% | -15.1% |
| EBIT margin % | -5.9% | -17.6% | -18.5% |
| PAT margin % | 110% | 112.8% | 154% |
| Working capital | |||
| Receivable days | 22 | 11 | 9 |
| Inventory days | 386 | 253 | 519 |
| Payable days | 107 | 73 | 95 |
| NWC days | 302 | 191 | 432 |
| Leverage | |||
| Current ratio | 3.47 | 5.01 | 6.88 |
| Debt to EBITDA | — | — | — |
| Debt to equity | 0 | 0 | 0 |
| Interest coverage | -3 | -58 | — |
| Asset turnover | 0.13 | 0.1 | 0.09 |
| Return ratios | |||
| Return on assets % | 14.2% | 11.1% | 13.7% |
| Return on capital employed % | -0% | -1% | -0.2% |
| Return on equity % | 14.9% | 11.4% | 14.1% |
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.