Dhanuka Agritech (BOM:507717) Asset Turnover: 0.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:507717 Dhanuka Agritech Ltd BOM:507717
95 GF Score
Price ₹1,037.90
GF Value ₹1,377.23
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dhanuka Agritech Asset Turnover?

Dhanuka Agritech BOM:507717 +1.54% 95 Asset Turnover is 0.23 as of Mar. 2026. GuruFocus rates BOM:507717 with a GF Score™ of 95/100 and a GF Value™ of ₹1,377.23 (Modestly Undervalued). The stock has 2 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. Dhanuka Agritech's Revenue for the three months ended in Mar. 2026 was ₹4,833 Mil. Dhanuka Agritech's Total Assets for the quarter that ended in Mar. 2026 was ₹21,020 Mil. Therefore, Dhanuka Agritech's Asset Turnover for the quarter that ended in Mar. 2026 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Dhanuka Agritech's annualized ROE % for the quarter that ended in Mar. 2026 was 23.25%. It is also linked to ROA % through Du Pont Formula. Dhanuka Agritech's annualized ROA % for the quarter that ended in Mar. 2026 was 18.61%.


Dhanuka Agritech  (BOM:507717) Asset Turnover Explanation

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

Dhanuka Agritech's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3910.824/16818.787
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3910.824 / 19333.468)*(19333.468 / 21020.229)*(21020.229/ 16818.787)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.23 %*0.9198*1.2498
=ROA %*Equity Multiplier
=18.61 %*1.2498
=23.25 %

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:

Dhanuka Agritech's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=3910.824/21020.229
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3910.824 / 19333.468)*(19333.468 / 21020.229)
=Net Margin %*Asset Turnover
=20.23 %*0.9198
=18.61 %

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.


Dhanuka Agritech Asset Turnover Related Terms


Dhanuka Agritech Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dhanuka Agritech'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.

Dhanuka Agritech Asset Turnover Chart

Dhanuka Agritech 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 1.20 1.24 1.16 1.19 1.00

Dhanuka Agritech 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 0.25 0.29 0.30 0.20 0.23

BOM:507717 vs CTVA, CF, MOS: Asset Turnover Comparison

For the Agricultural Inputs subindustry, Dhanuka Agritech'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.


Dhanuka Agritech Asset Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dhanuka Agritech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dhanuka Agritech's Asset Turnover falls into.


BOM:507717
95GF Score
Dhanuka Agritech Ltd BOM:507717
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhanuka Agritech Asset Turnover Calculation

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

Dhanuka Agritech'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 )
=19526.751/( (18001.136+21020.229)/ 2 )
=19526.751/19510.6825
=1.00

Dhanuka Agritech'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 )
=4833.367/( (0+21020.229)/ 1 )
=4833.367/21020.229
=0.23

* 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 0.23 mean?
Dhanuka Agritech (BOM:507717) has a Asset Turnover of 0.23 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dhanuka Agritech and its competitors.
Is Dhanuka Agritech's Asset Turnover too high?
Dhanuka Agritech's current Asset Turnover is 0.23. Overall, Dhanuka Agritech has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dhanuka Agritech's Asset Turnover compare to CTVA and CF?
Dhanuka Agritech's Asset Turnover of 0.23 can be compared against companies in the Agriculture 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 Agriculture company?
A good Asset Turnover depends on the Agriculture 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 Dhanuka Agritech and its competitors. Dhanuka Agritech's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanuka Agritech stock overvalued right now?
Based on GuruFocus' analysis, Dhanuka Agritech (BOM:507717) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,377.23, compared to a current price of ₹1,037.90 — trading 24.6% below its estimated fair value. The current Asset Turnover is 0.23. Dhanuka Agritech's overall GF Score™ is 95/100 with 2 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 Dhanuka Agritech (BOM:507717), the current Asset Turnover is 0.23 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 Dhanuka Agritech (BOM:507717) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanuka Agritech stock appears to be undervalued. The current stock price of ₹1,037.90 is trading 24.6% below its estimated GF Value™ of ₹1,377.23. GuruFocus considers Dhanuka Agritech to be Modestly Undervalued.

Key valuation signals for BOM:507717:

  • Asset Turnover: 0.23
  • GF Value™: ₹1,377.23 vs. price of ₹1,037.90 (24.6% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the BOM:507717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanuka Agritech Business Description

Other Exchanges DHANUKA:India
Address MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002
Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms; liquid, dust, powder, and granules. The firm generates a majority of its revenue from the agrochemicals segment. The company has a strategic partnership with American, Japanese, and European companies. Geographically, the company generates all of its revenue from India.
95GF Score

Get the complete analysis for BOM:507717

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

₹1,037.90
Price
₹1,377.23
GF Value