DuPont Decomposition
Why does UNIENTER earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
0.0% = 0.3% × 0.04 × 1.04
Latest: FY2025
Profitability
Net Margin
0.3%
-1.3% →0.3%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
0.04x
0.02x →0.04x
Revenue per ₹ of assets
Leverage
Equity Multiplier
1.04x
1.00x →1.04x
Assets funded by equity vs debt
Trend Analysis
ROE stable at ~0%. Driven by net margin improving (-1.2% → 0.2%).
Historical Decomposition
Last 2 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2024 | ₹0Cr | ₹-0Cr | -1.3% | 0.02 | 1.00 | -0.0% |
| FY2025 | ₹0Cr | ₹0Cr | 0.3% | 0.04 | 1.04 | 0.0% |
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)
DuPont decomposition from audited annual financials. Factual analysis, not investment advice.