DuPont Decomposition

Why does AGRITECH earn its ROE?

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

ROE = Net Margin × Asset Turnover × Equity Multiplier

-1.1% = -617.4% × 0.00 × 1.02

Latest: FY2025

Profitability

Net Margin

-617.4%

-166.6% →-617.4%

How much profit per ₹ of revenue

Efficiency

Asset Turnover

0.00x

0.00x →0.00x

Revenue per ₹ of assets

Leverage

Equity Multiplier

1.02x

1.31x →1.02x

Assets funded by equity vs debt

Trend Analysis

ROE stable at ~-1%. Driven by net margin declining (-166.6% → -617.4%), leverage falling (1.31x → 1.02x).

Historical Decomposition

Last 3 years

YearRevenuePATNet MarginAsset TOLeverageROE
FY20230Cr-0Cr-166.6%0.001.31-0.4%
FY20240Cr0.1Cr6277.2%0.001.029.6%
FY20250Cr-0Cr-617.4%0.001.02-1.1%

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.

AGRITECH DuPont Analysis — ROE -1.1% | YieldIQ