DuPont Decomposition

Why does SKFINDUS earn its ROE?

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

ROE = Net Margin × Asset Turnover × Equity Multiplier

14.7% = 6.3% × 1.29 × 1.81

Latest: FY2026

Profitability

Net Margin

6.3%

6.3% →6.3%

How much profit per ₹ of revenue

Efficiency

Asset Turnover

1.29x

1.29x →1.29x

Revenue per ₹ of assets

Leverage

Equity Multiplier

1.81x

1.81x →1.81x

Assets funded by equity vs debt

Historical Decomposition

Last 1 years

YearRevenuePATNet MarginAsset TOLeverageROE
FY20260Cr0Cr6.3%1.291.8114.7%

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)

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DuPont decomposition from audited annual financials. Factual analysis, not investment advice.

SKFINDUS DuPont Analysis — ROE 14.7% | YieldIQ