Consolidated figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross margin % | 34.3% | -5.9% | 15.4% | 65.5% | 72.9% | 19.3% | 11.1% |
| EBITDA margin % | 10.6% | -31.8% | -23.6% | -10.3% | -1.4% | -12.9% | -14.7% |
| EBIT margin % | -4.6% | -39.4% | -35.4% | -34.4% | -26.5% | -31.2% | -40.2% |
| PAT margin % | -15% | -27.5% | -200.2% | -61.4% | -31.3% | -33.5% | -51.6% |
| Working capital | |||||||
| Receivable days | 156 | 175 | 39 | 26 | — | 4 | 1 |
| Inventory days | 326 | 140 | 23 | 103 | — | 43 | 19 |
| Payable days | 60 | 24 | 22 | 119 | — | 69 | 105 |
| NWC days | 421 | 291 | 40 | 9 | — | -22 | -85 |
| Leverage | |||||||
| Current ratio | 1.43 | 0.95 | 0.12 | 0.09 | — | 0.49 | 0.1 |
| Debt to EBITDA | 19.63 | — | — | — | — | — | — |
| Debt to equity | 5.17 | 18.05 | -2.63 | -2.21 | — | 6.27 | -16.67 |
| Interest coverage | 0.1 | -4.9 | -37 | -17.1 | -3.6 | -3.5 | -2.4 |
| Asset turnover | 0.35 | 0.44 | 0.29 | 0.15 | — | 0.45 | 0.35 |
| Return ratios | |||||||
| Return on assets % | -5.3% | -12.1% | -57.8% | -9% | — | -15.2% | -18.3% |
| Return on capital employed % | 0.7% | -19.9% | -33.9% | 17.1% | — | -14.4% | -15.9% |
| Return on equity % | -37.3% | -283.4% | 124.3% | 16.4% | — | -125.2% | 342.2% |
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.