Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | — |
| EBITDA margin % | 29.6% | 23.7% | 23.7% | 19.3% |
| EBIT margin % | 18% | 12.2% | 13.3% | 11.4% |
| PAT margin % | 12.5% | 10.3% | 13.5% | 9.6% |
| Working capital | ||||
| Receivable days | 164 | 205 | 161 | 195 |
| Inventory days | 0 | 0 | 0 | 0 |
| Payable days | 174 | 185 | 152 | 131 |
| NWC days | -10 | 20 | 9 | 64 |
| Leverage | ||||
| Current ratio | 1.26 | 1.47 | 1.3 | 1.39 |
| Debt to EBITDA | 0 | 0 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0 |
| Interest coverage | 36.5 | 49.6 | 52.1 | 43.7 |
| Asset turnover | 0.47 | 0.51 | 0.54 | 0.59 |
| Return ratios | ||||
| Return on assets % | 5.9% | 5.3% | 7.3% | 5.7% |
| Return on capital employed % | 15.9% | 13% | 17.5% | 15% |
| Return on equity % | 10.3% | 10.1% | 13.7% | 11.5% |
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.