HCC Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	0.00%	0.00%	0.00%	0.00%	0.00%	30.57%
PAT margin	2.09%	-7.40%	5.27%	-0.34%	6.82%	2.01%
Asset Turnover	0.85x	0.69x	0.84x	0.64x	0.67x	0.69x
Leverage	0.00x	0.00x	0.00x	0.00x	0.00x	22.14x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Inventory Days	21.2	20.9	16.5	21.5	24.1	18.4
Receivable Days	105.2	141.6	112.8	105.7	127.7	149.6
Payable Days	6620.3	0.0	0.0	0.0	0.0	2472.3
Cash Conversion Cycle	-6493.9	162.5	129.3	127.2	151.8	-2304.4

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	0.00%	0.00%	0.00%	0.00%	0.00%	30.57%
ROCE	37.29%	4.16%	76.98%	31.27%	48.80%	49.63%
ROA	1.78%	-5.14%	4.48%	-0.41%	5.08%	1.38%