Consolidated figures
| Ratio | Mar 2017 | Mar 2021 | Mar 2022 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | — | 9.2% | 8.7% |
| EBIT margin % | — | 6.1% | 6.1% |
| PAT margin % | -2.4% | 2.9% | 7.1% |
| Working capital | |||
| Receivable days | 51 | 107 | 78 |
| Inventory days | 1 | 1 | 0 |
| Payable days | 75 | 22 | 17 |
| NWC days | -22 | 85 | 61 |
| Leverage | |||
| Current ratio | 0.59 | 1.04 | 1.35 |
| Debt to EBITDA | — | 1.68 | 0.92 |
| Debt to equity | 0.27 | 0.16 | 0.09 |
| Interest coverage | -1.3 | 3.5 | 4.9 |
| Asset turnover | 0.58 | 0.72 | 0.86 |
| Return ratios | |||
| Return on assets % | -1.4% | 2.1% | 6.1% |
| Return on capital employed % | -4.2% | 7.3% | 7.8% |
| Return on equity % | -2.2% | 3% | 8.1% |
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.