DuPont Decomposition

Why does COFFEEDAY earn its ROE?

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

ROE = Net Margin × Asset Turnover × Equity Multiplier

-2.0% = -5.4% × 0.22 × 1.68

Latest: FY2025

Profitability

Net Margin

-5.4%

-41.9% →-5.4%

How much profit per ₹ of revenue

Efficiency

Asset Turnover

0.22x

0.16x →0.22x

Revenue per ₹ of assets

Leverage

Equity Multiplier

1.68x

1.82x →1.68x

Assets funded by equity vs debt

Trend Analysis

ROE improved by 10.1 pp over 3 years. Driven by net margin improving (-41.9% → -5.4%).

Historical Decomposition

Last 3 years

YearRevenuePATNet MarginAsset TOLeverageROE
FY20230Cr-0Cr-41.9%0.161.82-12.0%
FY20240Cr-0Cr-6135.6%0.011.24-64.8%
FY20250Cr-0Cr-5.4%0.221.68-2.0%

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.

COFFEEDAY DuPont Analysis — ROE -2.0% | YieldIQ