DuPont Decomposition
Why does SADBHIN earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
-9.2% = -2.2% × 0.11 × 38.93
Latest: FY2022
Profitability
Net Margin
-2.2%
-2.2% →-2.2%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
0.11x
0.11x →0.11x
Revenue per ₹ of assets
Leverage
Equity Multiplier
38.93x
38.93x →38.93x
Assets funded by equity vs debt
Historical Decomposition
Last 1 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2022 | ₹0Cr | ₹-0Cr | -2.2% | 0.11 | 38.93 | -9.2% |
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.