HRS Aluglaze (BOM:544656) Scaled Net Operating Assets: 1.18 (As of Mar. 2026)

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BOM:544656 HRS Aluglaze Ltd BOM:544656
17 GF Score
Price ₹248.90
! 4 Warning Signs
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What is HRS Aluglaze Scaled Net Operating Assets?

HRS Aluglaze BOM:544656 -0.42% 17 Scaled Net Operating Assets is 1.18 as of Mar. 2026. GuruFocus rates BOM:544656 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HRS Aluglaze's operating assets for the quarter that ended in Mar. 2026 was ₹1,289.3 Mil. HRS Aluglaze's operating liabilities for the quarter that ended in Mar. 2026 was ₹217.0 Mil. HRS Aluglaze's Total Assets for the quarter that ended in Sep. 2025 was ₹911.6 Mil. Therefore, HRS Aluglaze's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.18.


HRS Aluglaze Scaled Net Operating Assets Historical Data

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The historical data trend for HRS Aluglaze's Scaled Net Operating Assets 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.

HRS Aluglaze Scaled Net Operating Assets Chart

HRS Aluglaze Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.76 1.01 1.38 1.33

HRS Aluglaze Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Scaled Net Operating Assets 0.76 1.01 1.38 0.81 1.18

BOM:544656 vs AA: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, HRS Aluglaze's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HRS Aluglaze Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, HRS Aluglaze's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HRS Aluglaze's Scaled Net Operating Assets falls into.


BOM:544656
17GF Score
HRS Aluglaze Ltd BOM:544656
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HRS Aluglaze Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HRS Aluglaze's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1289.304-216.968)/806.005
=1.33

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1365.712 - 76.408
=1289.304

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=611.214 - 239.924 - 154.322
=216.968

HRS Aluglaze's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(1289.304-216.968)/911.626
=1.18

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1365.712 - 76.408
=1289.304

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=611.214 - 239.924 - 154.322
=216.968

* 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.

What does a Scaled Net Operating Assets of 1.18 mean?
HRS Aluglaze (BOM:544656) has a Scaled Net Operating Assets of 1.18 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HRS Aluglaze and its competitors.
Is HRS Aluglaze's Scaled Net Operating Assets too high?
HRS Aluglaze's current Scaled Net Operating Assets is 1.18. Overall, HRS Aluglaze has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does HRS Aluglaze's Scaled Net Operating Assets compare to AA?
HRS Aluglaze's Scaled Net Operating Assets of 1.18 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HRS Aluglaze and its competitors. HRS Aluglaze's current Scaled Net Operating Assets is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HRS Aluglaze stock overvalued right now?
HRS Aluglaze (BOM:544656) has a current Scaled Net Operating Assets of 1.18. The current Scaled Net Operating Assets is 1.18. HRS Aluglaze's overall GF Score™ is 17/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For HRS Aluglaze (BOM:544656), the current Scaled Net Operating Assets is 1.18 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.

HRS Aluglaze Business Description

Address New York Timber Street, Behind S.G. Highway, Ambali Road, Office 601 W-1, 6th Floor, Opposite PSP House, Jodhpur, Daskroi, Ahmedabad, GJ, IND, 380058
HRS Aluglaze Ltd is engaged in the business of design, manufacturing, and installation of a wide range of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems. The company offers solutions for builders, contractors, architects, and institutions, providing both standard and customized options, as well as material supply and procurement support. The company is operating in a single business segment of Aluminium Sections. The company generates revenue from the sale of its aluminium products to its clients, which include developers, construction firms, and institutional projects, including schools & hospitals.
17GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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