Keltech Energies (BOM:506528) Asset Turnover: 0.40 (As of Mar. 2026)

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BOM:506528 Keltech Energies Ltd BOM:506528
63 GF Score
Price ₹8,237.20
GF Value ₹3,841.54
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Keltech Energies Asset Turnover?

Keltech Energies BOM:506528 -4.45% 63 Asset Turnover is 0.40 as of Mar. 2026. GuruFocus rates BOM:506528 with a GF Score™ of 63/100 and a GF Value™ of ₹3,841.54 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Keltech Energies's Revenue for the three months ended in Mar. 2026 was ₹1,431 Mil. Keltech Energies's Total Assets for the quarter that ended in Mar. 2026 was ₹3,553 Mil. Therefore, Keltech Energies's Asset Turnover for the quarter that ended in Mar. 2026 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. Keltech Energies's annualized ROE % for the quarter that ended in Mar. 2026 was 22.08%. It is also linked to ROA % through Du Pont Formula. Keltech Energies's annualized ROA % for the quarter that ended in Mar. 2026 was 9.51%.


Keltech Energies  (BOM:506528) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Keltech Energies's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=337.756/1529.466
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(337.756 / 5725.272)*(5725.272 / 3553.375)*(3553.375/ 1529.466)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.9 %*1.6112*2.3233
=ROA %*Equity Multiplier
=9.51 %*2.3233
=22.08 %

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:

Keltech Energies's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=337.756/3553.375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(337.756 / 5725.272)*(5725.272 / 3553.375)
=Net Margin %*Asset Turnover
=5.9 %*1.6112
=9.51 %

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.


Keltech Energies Asset Turnover Related Terms


Keltech Energies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Keltech Energies'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.

Keltech Energies Asset Turnover Chart

Keltech Energies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 2.94 2.10 1.88 1.65

Keltech Energies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset 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 0.49 0.50 0.38 0.41 0.40

BOM:506528 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Keltech Energies'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.


Keltech Energies Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Keltech Energies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Keltech Energies's Asset Turnover falls into.


BOM:506528
63GF Score
Keltech Energies Ltd BOM:506528
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keltech Energies Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Keltech Energies's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=5292.407/( (2872.879+3553.375)/ 2 )
=5292.407/3213.127
=1.65

Keltech Energies's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1431.318/( (0+3553.375)/ 1 )
=1431.318/3553.375
=0.40

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.40 mean?
Keltech Energies (BOM:506528) has a Asset Turnover of 0.40 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Keltech Energies and its competitors.
Is Keltech Energies' Asset Turnover too high?
Keltech Energies' current Asset Turnover is 0.40. Overall, Keltech Energies has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keltech Energies' Asset Turnover compare to LIN and SHW?
Keltech Energies' Asset Turnover of 0.40 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 Asset Turnover for a Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Keltech Energies and its competitors. Keltech Energies's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keltech Energies stock overvalued right now?
Based on GuruFocus' analysis, Keltech Energies (BOM:506528) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,841.54, compared to a current price of ₹8,237.20 — trading 114.4% above its estimated fair value. The current Asset Turnover is 0.40. Keltech Energies' overall GF Score™ is 63/100 with 7 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 Keltech Energies (BOM:506528), the current Asset Turnover is 0.40 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 Keltech Energies (BOM:506528) Overvalued in 2026?

Based on GuruFocus' analysis, Keltech Energies stock appears to be overvalued. The current stock price of ₹8,237.20 is trading 114.4% above its estimated GF Value™ of ₹3,841.54. GuruFocus considers Keltech Energies to be Significantly Overvalued.

Key valuation signals for BOM:506528:

  • Asset Turnover: 0.40
  • GF Value™: ₹3,841.54 vs. price of ₹8,237.20 (114.4% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the BOM:506528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keltech Energies Business Description

Address No.3, Infantry Road, 7th Floor, Embassy Icon, Bengaluru, KA, IND, 560001
Keltech Energies Ltd is engaged in the manufacture of industrial explosives and the sale of perlite & perlite-based products. The company is also a technology provider in the area of low-temperature cryogenic insulation of LNG, Ethylene, Propylene, Butane, Propane, Ethane, LOX, LIN, LAR, Ammonia, Cold boxes, and other cryogenic equipment. It has two reportable segments; the Explosives segment which manufactures cartridge explosives, and bulk emulsion explosives; and the Perlite segment which manufactures cryogenic insulation, industrial filter-aid, horticulture products, etc. The majority of the company's revenue is generated from the Explosives segment. Geographically, it derives all of its revenue within India.
63GF Score

Get the complete analysis for BOM:506528

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

₹8,237.20
Price
₹3,841.54
GF Value