TPL Plastech (BOM:526582) Asset Turnover: 0.45 (As of Mar. 2026)


BOM:526582 TPL Plastech Ltd BOM:526582
81 GF Score
Price ₹86.94
GF Value ₹92.43
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is TPL Plastech Asset Turnover?

TPL Plastech BOM:526582 +19.82% 81 Asset Turnover is 0.45 as of Mar. 2026. GuruFocus rates BOM:526582 with a GF Score™ of 81/100 and a GF Value™ of ₹92.43 (Fairly Valued). The stock has 4 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. TPL Plastech's Revenue for the three months ended in Mar. 2026 was ₹1,141 Mil. TPL Plastech's Total Assets for the quarter that ended in Mar. 2026 was ₹2,560 Mil. Therefore, TPL Plastech's Asset Turnover for the quarter that ended in Mar. 2026 was 0.45.

Asset Turnover is linked to ROE % through Du Pont Formula. TPL Plastech's annualized ROE % for the quarter that ended in Mar. 2026 was 19.08%. It is also linked to ROA % through Du Pont Formula. TPL Plastech's annualized ROA % for the quarter that ended in Mar. 2026 was 12.58%.


TPL Plastech  (BOM:526582) Asset Turnover Explanation

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

TPL Plastech's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=322.196/1688.968
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(322.196 / 4562.724)*(4562.724 / 2560.168)*(2560.168/ 1688.968)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.06 %*1.7822*1.5158
=ROA %*Equity Multiplier
=12.58 %*1.5158
=19.08 %

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:

TPL Plastech's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=322.196/2560.168
=(Net Income / Revenue)*(Revenue / Total Assets)
=(322.196 / 4562.724)*(4562.724 / 2560.168)
=Net Margin %*Asset Turnover
=7.06 %*1.7822
=12.58 %

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.


TPL Plastech Asset Turnover Related Terms


TPL Plastech Asset Turnover Historical Data

* Premium members only.

The historical data trend for TPL Plastech'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.

TPL Plastech Asset Turnover Chart

TPL Plastech 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 1.15 1.26 1.37 1.46 1.69

TPL Plastech 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 0.38 0.37 0.43 0.45 0.45

BOM:526582 vs SW, PKG, IP: Asset Turnover Comparison

For the Packaging & Containers subindustry, TPL Plastech'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.


TPL Plastech Asset Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TPL Plastech's Asset Turnover falls into.


BOM:526582
81GF Score
TPL Plastech Ltd BOM:526582
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPL Plastech Asset Turnover Calculation

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

TPL Plastech'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 )
=4225.534/( (2453.527+2560.168)/ 2 )
=4225.534/2506.8475
=1.69

TPL Plastech'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 )
=1140.681/( (0+2560.168)/ 1 )
=1140.681/2560.168
=0.45

* 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 0.45 mean?
TPL Plastech (BOM:526582) has a Asset Turnover of 0.45 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TPL Plastech and its competitors.
Is TPL Plastech's Asset Turnover too high?
TPL Plastech's current Asset Turnover is 0.45. Overall, TPL Plastech has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TPL Plastech's Asset Turnover compare to SW and PKG?
TPL Plastech's Asset Turnover of 0.45 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Asset Turnover depends on the Packaging & Containers 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 TPL Plastech and its competitors. TPL Plastech's current Asset Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPL Plastech stock overvalued right now?
Based on GuruFocus' analysis, TPL Plastech (BOM:526582) is currently considered Fairly Valued. The stock's GF Value™ is ₹92.43, compared to a current price of ₹86.94 — trading 5.9% below its estimated fair value. The current Asset Turnover is 0.45. TPL Plastech's overall GF Score™ is 81/100 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 TPL Plastech (BOM:526582), the current Asset Turnover is 0.45 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 TPL Plastech (BOM:526582) Overvalued in 2026?

Based on GuruFocus' analysis, TPL Plastech stock appears to be undervalued. The current stock price of ₹86.94 is trading 5.9% below its estimated GF Value™ of ₹92.43. GuruFocus considers TPL Plastech to be Fairly Valued.

Key valuation signals for BOM:526582:

  • Asset Turnover: 0.45
  • GF Value™: ₹92.43 vs. price of ₹86.94 (5.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the BOM:526582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPL Plastech Business Description

Other Exchanges TPLPLASTEH:India
Address Andheri Kurla Road, 203, 2nd Floor, Centre Point, Near J B Nagar Chakala Metro Station, J B Nagar, , Andheri (East), Mumbai, MH, IND, 400059
TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operates its business in India.
81GF Score

Get the complete analysis for BOM:526582

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

₹86.94
Price
₹92.43
GF Value