DuPont Decomposition
Why does SUPERSPIN earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
0.8% = 0.9% × 0.49 × 1.62
Latest: FY2022
Profitability
Net Margin
0.9%
0.9% →0.9%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
0.49x
0.49x →0.49x
Revenue per ₹ of assets
Leverage
Equity Multiplier
1.62x
1.62x →1.62x
Assets funded by equity vs debt
Historical Decomposition
Last 1 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2022 | ₹0Cr | ₹0Cr | 0.9% | 0.49 | 1.62 | 0.8% |
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.