DuPont Decomposition
Why does BLUSPRING earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
-2.3% = -0.5% × 2.00 × 2.53
Latest: FY2026
Profitability
Net Margin
-0.5%
-0.5% →-0.5%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
2.00x
2.00x →2.00x
Revenue per ₹ of assets
Leverage
Equity Multiplier
2.53x
2.53x →2.53x
Assets funded by equity vs debt
Historical Decomposition
Last 1 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2026 | ₹0Cr | ₹-0Cr | -0.5% | 2.00 | 2.53 | -2.3% |
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)
DuPont decomposition from audited annual financials. Factual analysis, not investment advice.