DuPont Decomposition
Why does DISHTV earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
-195.7% = -66.1% × 0.42 × 7.12
Latest: FY2022
Profitability
Net Margin
-66.1%
-66.1% →-66.1%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
0.42x
0.42x →0.42x
Revenue per ₹ of assets
Leverage
Equity Multiplier
7.12x
7.12x →7.12x
Assets funded by equity vs debt
Historical Decomposition
Last 1 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2022 | ₹0Cr | ₹-0Cr | -66.1% | 0.42 | 7.12 | -195.7% |
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.