Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 8.5% | 6.4% | 6.5% | 7.6% |
| EBITDA margin % | 3.8% | 2.6% | ||
| 0.9% |
| 0.2% |
| EBIT margin % | 3.7% | 2.6% | 0.8% | 0.1% |
| PAT margin % | 3.2% | 2.1% | 0.7% | 0.2% |
| Working capital | ||||
| Receivable days | 7 | 6 | 6 | 4 |
| Inventory days | 19 | 19 | 12 | 15 |
| Payable days | 7 | 4 | 5 | 5 |
| NWC days | 19 | 21 | 14 | 14 |
| Leverage | ||||
| Current ratio | 1.79 | 1.97 | 2.73 | 5.19 |
| Debt to EBITDA | 1.47 | 2.05 | 1.79 | 2.11 |
| Debt to equity | 0.48 | 0.45 | 0.12 | 0.03 |
| Interest coverage | -18.3 | 17.8 | 5.8 | 4.4 |
| Asset turnover | 5.04 | 5.26 | 6 | 4.88 |
| Return ratios | ||||
| Return on assets % | 16.3% | 11.1% | 4.2% | 0.8% |
| Return on capital employed % | 33% | 26.5% | 7.4% | 1.4% |
| Return on equity % | 27.7% | 17.6% | 5.3% | 0.9% |
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.