Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | — | — | — | 98% |
| EBITDA margin % | 23.2% | 100.1% | ||
| 101.7% |
| 20.3% |
| EBIT margin % | 21.9% | 98.9% | 100.4% | 19.2% |
| PAT margin % | 14.7% | 12.2% | 11.4% | 10.8% |
| Working capital | ||||
| Receivable days | 92 | 97 | 82 | 85 |
| Inventory days | 4 | — | — | 191 |
| Payable days | — | — | — | 35,874 |
| NWC days | — | — | — | -35,598 |
| Leverage | ||||
| Current ratio | — | — | — | — |
| Debt to EBITDA | 1.43 | 0.17 | 0.17 | 0.6 |
| Debt to equity | 0.65 | 0.28 | 0.27 | 0.17 |
| Interest coverage | 5.4 | 32.4 | 34.5 | 3.9 |
| Asset turnover | 0.37 | 0.35 | 0.41 | 0.32 |
| Return ratios | ||||
| Return on assets % | 5.4% | 4.2% | 4.7% | 3.5% |
| Return on capital employed % | — | — | — | — |
| Return on equity % | 28.8% | 19.8% | 17.7% | 15.4% |
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.