Multibase India (BOM:526169) Inventory Turnover: 1.12 (As of Mar. 2026)

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BOM:526169 Multibase India Ltd BOM:526169
73 GF Score
Price ₹176.75
GF Value ₹238.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Multibase India Inventory Turnover?

Multibase India BOM:526169 -1.39% 73 Inventory Turnover is 1.12 as of Mar. 2026. GuruFocus rates BOM:526169 with a GF Score™ of 73/100 and a GF Value™ of ₹238.15 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Multibase India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹123.6 Mil. Multibase India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹110.3 Mil. Multibase India's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Multibase India's Days Inventory for the three months ended in Mar. 2026 was 81.44.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Multibase India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.62.

Multibase India  (BOM:526169) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Multibase India's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=110.336/123.627*365 / 4
=81.44

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Multibase India's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=110.336 / 177.56
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Multibase India Inventory Turnover Related Terms

Multibase India Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Multibase India's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Multibase India Inventory Turnover Chart

Multibase India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.90 4.58 3.42 3.43

Multibase India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.82 1.01 0.56 1.12
BOM:526169
73GF Score
Multibase India Ltd BOM:526169
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Multibase India Inventory Turnover Calculation

Multibase India's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=427.401 / ((139.124 + 110.336) / 2 )
=427.401 / 124.73
=3.43

Multibase India's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=123.627 / ((0 + 110.336) / 1 )
=123.627 / 110.336
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.12 mean?
Multibase India (BOM:526169) has a Inventory Turnover of 1.12 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Multibase India and its competitors.
Is Multibase India's Inventory Turnover too high?
Multibase India's current Inventory Turnover is 1.12. Overall, Multibase India has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multibase India's Inventory Turnover compare to LIN and SHW?
Multibase India's Inventory Turnover of 1.12 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Chemicals company?
A good Inventory Turnover depends on the Chemicals industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Multibase India and its competitors. Multibase India's current Inventory Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multibase India stock overvalued right now?
Based on GuruFocus' analysis, Multibase India (BOM:526169) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹238.15, compared to a current price of ₹176.75 — trading 25.8% below its estimated fair value. The current Inventory Turnover is 1.12. Multibase India's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Multibase India (BOM:526169), the current Inventory Turnover is 1.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Multibase India (BOM:526169) Overvalued in 2026?

Based on GuruFocus' analysis, Multibase India stock appears to be undervalued. The current stock price of ₹176.75 is trading 25.8% below its estimated GF Value™ of ₹238.15. GuruFocus considers Multibase India to be Modestly Undervalued.

Key valuation signals for BOM:526169:

  • Inventory Turnover: 1.12
  • GF Value™: ₹238.15 vs. price of ₹176.75 (25.8% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the BOM:526169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Multibase India Business Description

Address 74/5-6, Daman Industrial Estate, Kadaiya Village, Nani Daman, Daman and Diu, IND, 396210
Multibase India Ltd is engaged in the manufacturing, trading, and selling of Polypropylene Compound, Thermoplastic Elastomer, Silicon Master Batch, and Thermoplastic Master Batch. Its products include TPSiV Multiflex, Thermoplastic Elastomer, Siloxane Masterbatch, and Multipro. The company increased its presence in the Automotive and Silicon-based thermoplastics segment. It generates maximum revenue from India and also operates outside India.
73GF Score

Get the complete analysis for BOM:526169

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹176.75
Price
₹238.15
GF Value