DuPont Decomposition

Why does ADVENTHTL earn its ROE?

Breaking down Return on Equity into profitability, efficiency, and leverage.

ROE = Net Margin × Asset Turnover × Equity Multiplier

7.0% = 16.3% × 0.10 × 4.42

Latest: FY2026

Profitability

Net Margin

16.3%

16.3% →16.3%

How much profit per ₹ of revenue

Efficiency

Asset Turnover

0.10x

0.10x →0.10x

Revenue per ₹ of assets

Leverage

Equity Multiplier

4.42x

4.42x →4.42x

Assets funded by equity vs debt

Historical Decomposition

Last 1 years

YearRevenuePATNet MarginAsset TOLeverageROE
FY20260Cr0Cr16.3%0.104.427.0%

How to read DuPont

  • Rising ROE from margin = pricing power, operational improvement (good)
  • Rising ROE from turnover = better asset utilization (good)
  • Rising ROE from leverage = more debt, amplified risk (caution)
  • Falling ROE across all three = structural deterioration (red flag)

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DuPont decomposition from audited annual financials. Factual analysis, not investment advice.

ADVENTHTL DuPont Analysis — ROE 7.0% | YieldIQ