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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bhagawati Gas's Revenue for the
three
months ended in Mar. 2026 was ₹0.35 Mil. Bhagawati Gas's Total Assets for the quarter that ended in Mar. 2026 was ₹199.25 Mil. Therefore, Bhagawati Gas's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. Bhagawati Gas's annualizedROE % for the quarter that ended in Mar. 2026 was 47.23%. It is also linked to ROA % through Du Pont Formula. Bhagawati Gas's annualizedROA % for the quarter that ended in Mar. 2026 was 35.13%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Bhagawati Gas's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Bhagawati Gas Asset Turnover Related Terms
Bhagawati Gas Asset Turnover Historical Data
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The historical data trend for Bhagawati Gas's Asset 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.
BOM:500051 vs AWK, WTRG, AWR: Asset Turnover Comparison
For the Utilities - Regulated Water subindustry, Bhagawati Gas's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
Bhagawati Gas Asset Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bhagawati Gas's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Bhagawati Gas's Asset Turnover falls into.
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Bhagawati Gas (BOM:500051) has a Asset Turnover of 0.00 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bhagawati Gas and its competitors.
Is Bhagawati Gas' Asset Turnover too high?
Bhagawati Gas' current Asset Turnover is 0.00. Overall, Bhagawati Gas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhagawati Gas' Asset Turnover compare to AWK and WTRG?
Bhagawati Gas' Asset Turnover of 0.00 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated industry context. However, Asset 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bhagawati Gas and its competitors. Bhagawati Gas's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagawati Gas stock overvalued right now?
Bhagawati Gas (BOM:500051) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Bhagawati Gas' overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Bhagawati Gas (BOM:500051), the current Asset Turnover is 0.00 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.
Bhagawati Gas Ltd is engaged in the production, distribution, and marketing of industrial gases, green technologies, and sustainable solutions. The company has diversified businesses in industrial gases, wastewater treatment, renewable energy, contracting, and international trading fields. The manufacturing activities of the company include the operation of large-tonnage air separation plants for the production ofatmospheric industrial gases, along with the manufacturing of FRP pipes and composite products that cater to criticalsectors such as oil & gas, water supply, and infrastructure. The company derives maximum revenue from water treatment activities.
18GF Score
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