Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | -32.3% | 18.9% | 32.8% |
| EBIT margin % | -89.8% | -18.3% | 20.7% |
| PAT margin % | -99.6% | 5.6% | 1.6% |
| Working capital | |||
| Receivable days | 28 | 3 | 3 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 124 | 69 | 40 |
| NWC days | -96 | -66 | -37 |
| Leverage | |||
| Current ratio | 0.3 | 0.92 | 0.86 |
| Debt to EBITDA | — | 5.61 | 6.25 |
| Debt to equity | 0.3 | 0.25 | 1.3 |
| Interest coverage | -0.1 | 1 | 1 |
| Asset turnover | 0.05 | 0.08 | 0.12 |
| Return ratios | |||
| Return on assets % | -4.9% | 0.5% | 0.2% |
| Return on capital employed % | -0.6% | 6.6% | 7.8% |
| Return on equity % | -15.7% | 1.3% | 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.