Jasch Industries Key Ratios

The PAT margin improved significantly in 2022, rising to 9.45%, which indicates stronger profitability, particularly in response to higher sales.Asset turnover peaked in 2022 at 1.8312, showing enhanced efficiency in utilizing assets, but declined slightly to 1.55 in 2023, suggesting a need for better asset management going forward.Leverage decreased consistently, indicating a lower reliance on debt, which generally enhances financial stability, although it slightly lowers the potential for increased ROE.

Inventory days reduced significantly from 64.41 in 2020 to 43.04 in 2022, indicating improved inventory management and faster turnover of products.Receivable days decreased from 68.01 in 2020 to 43.12 in 2022, showing an improved ability to collect payments from customers efficiently.However, the rising payable days slightly from 49.93 in 2023 suggests that the company has become longer in settling its debts, indicating possible cash flow management challenges.

ROE saw substantial volatility, with a high of 27.42% in 2022 driven by the increased PAT margin, but it normalized at approximately 20% in 2023.ROCE mirrors this trend, emphasizing that capital utilization, supported by lower leverage, played a significant role in return generation.ROA improved but remained lower than ROE, suggesting that while equity returns have improved through profitability, asset efficiency needs further enhancement.