Consolidated figures
| Ratio | Mar 2021 | Mar 2022 |
|---|---|---|
| Margins | ||
| Gross margin % | 44.8% | 37.7% |
| EBITDA margin % | 17% | 11% |
| EBIT margin % | 14.2% | 9.2% |
| PAT margin % | 9% | 5.2% |
| Working capital | ||
| Receivable days | 58 | 49 |
| Inventory days | 78 | 73 |
| Payable days | 57 | 32 |
| NWC days | 79 | 90 |
| Leverage | ||
| Current ratio | 2.23 | 1.95 |
| Debt to EBITDA | 0.38 | 0.86 |
| Debt to equity | 0.1 | 0.21 |
| Interest coverage | 10.9 | 8.7 |
| Asset turnover | 1.09 | 1.48 |
| Return ratios | ||
| Return on assets % | 9.8% | 7.7% |
| Return on capital employed % | 19.4% | 19.3% |
| Return on equity % | 14.4% | 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.