|
42 Ratios |
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As at/For the year ended 31 March |
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|
Particulars |
Remarks |
Numerator |
Denominator |
2023 |
2022 |
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|
|
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|
(a) |
Current ratio |
Current assets |
Current liabilities |
1.71 |
2.13 |
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|
(b) |
Debt equity ratio |
Not applicable |
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|
(c) |
Debt service coverage ratio |
Not applicable |
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|
(d) |
Return on equity ratio |
Profit after tax |
Avg. net worth |
21.6% |
19.4% |
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|
(e) |
Inventory turnover ratio |
Material cost |
Avg. inventory |
19.83 |
17.86 |
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|
(f) |
Trade receivables turnover ratio |
Change is due to reduction in avg. trade receivables |
Revenue from contracts with customers |
Avg. trade receivables |
21.48 |
15.18 |
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|
(g) |
Trade payables turnover ratio |
Purchases |
Trade payables |
6.95 |
7.22 |
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|
(h) |
Net capital turnover ratio |
Increase is due to reduction in current assets and increase in trade payables |
Total income |
Avg. working capital |
8.38 |
4.97 |
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|
(i) |
Net profit ratio |
Profit after tax |
Total income |
15.0% |
14.6% |
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|
(j) |
Return on capital employed |
Profit before tax |
Avg. capital employed |
27.9% |
24.5% |
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|
(k) |
Return on investments |
Profit before tax |
Avg. net worth |
28.4% |
25.1% |
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Notes to standalone financial
Note_42