Consolidated figures
| Ratio | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | — | — | — | — | 87.8% | 40.3% | 24.6% |
| EBITDA margin % | 2.9% | -0.9% | -5.7% | -27% | -30.8% | -79.7% | -74% |
| EBIT margin % | 1.2% | -3% | -7.4% | -30% | -38.4% | -85.6% | -78.3% |
| PAT margin % | 1.3% | -2% | -5% | -35.3% | 0.5% | -40.9% | -41.3% |
| Working capital | |||||||
| Receivable days | 253 | 294 | 228 | 228 | 174 | 354 | 137 |
| Inventory days | 23 | 31 | 17 | 24 | 265 | 73 | 29 |
| Payable days | 198 | 174 | — | — | 1,974 | 674 | 216 |
| NWC days | 78 | 152 | — | — | -1,535 | -247 | -50 |
| Leverage | |||||||
| Current ratio | 1.27 | 0.88 | 0.88 | 1.07 | 1.12 | 1.13 | 1.7 |
| Debt to EBITDA | 3.67 | — | — | — | — | — | — |
| Debt to equity | 0.21 | 0.3 | 0.36 | 1.19 | 0.39 | 0.23 | 0.03 |
| Interest coverage | 1.3 | 0.4 | -0.2 | -3.4 | 1 | -2.4 | -7.6 |
| Asset turnover | 0.76 | 0.72 | 0.87 | 0.81 | 0.3 | 0.28 | 0.45 |
| Return ratios | |||||||
| Return on assets % | 1% | -1.4% | -4.3% | -28.5% | 0.2% | -11.4% | -18.7% |
| Return on capital employed % | 9.6% | 2.9% | -1.9% | -40.8% | 6% | -14.9% | -24.1% |
| Return on equity % | 2.6% | -3.6% | -12.6% | -144.7% | 0.4% | -28.2% | -31.5% |
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.