DuPont Decomposition
Why does UNIINFO earn its ROE?
Breaking down Return on Equity into profitability, efficiency, and leverage.
ROE = Net Margin × Asset Turnover × Equity Multiplier
-2.1% = -2.1% × 0.81 × 1.25
Latest: FY2025
Profitability
Net Margin
-2.1%
-6.8% →-2.1%
How much profit per ₹ of revenue
Efficiency
Asset Turnover
0.81x
1.07x →0.81x
Revenue per ₹ of assets
Leverage
Equity Multiplier
1.25x
1.23x →1.25x
Assets funded by equity vs debt
Trend Analysis
ROE improved by 6.9 pp over 4 years. Driven by net margin improving (-6.8% → -2.1%), asset turnover declining (1.07x → 0.81x).
Historical Decomposition
Last 4 years
| Year | Revenue | PAT | Net Margin | Asset TO | Leverage | ROE |
|---|---|---|---|---|---|---|
| FY2022 | ₹0Cr | ₹-0Cr | -6.8% | 1.07 | 1.23 | -9.0% |
| FY2023 | ₹0Cr | ₹0Cr | 1.7% | 0.83 | 1.32 | 1.9% |
| FY2024 | ₹0Cr | ₹0Cr | 1.1% | 1.33 | 1.13 | 1.6% |
| FY2025 | ₹0Cr | ₹-0Cr | -2.1% | 0.81 | 1.25 | -2.1% |
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.