DuPont Decomposition

Why does ARENTERP earn its ROE?

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

ROE = Net Margin × Asset Turnover × Equity Multiplier

1.1% = 14.9% × 0.07 × 1.01

Latest: FY2025

Profitability

Net Margin

14.9%

15.5% →14.9%

How much profit per ₹ of revenue

Efficiency

Asset Turnover

0.07x

0.09x →0.07x

Revenue per ₹ of assets

Leverage

Equity Multiplier

1.01x

1.02x →1.01x

Assets funded by equity vs debt

Trend Analysis

ROE stable at ~1%.

Historical Decomposition

Last 3 years

YearRevenuePATNet MarginAsset TOLeverageROE
FY20230Cr0Cr15.5%0.091.021.4%
FY20240Cr0Cr45.5%0.071.043.4%
FY20250Cr0Cr14.9%0.071.011.1%

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.

ARENTERP DuPont Analysis — ROE 1.1% | YieldIQ