Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shri Krishna Devcon's Revenue for the
three
months ended in Mar. 2026 was ₹61.6 Mil. Shri Krishna Devcon's Total Assets for the quarter that ended in Mar. 2026 was ₹2,117.2 Mil. Therefore, Shri Krishna Devcon's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.
Asset Turnover is linked to ROE % through Du Pont Formula. Shri Krishna Devcon's annualizedROE % for the quarter that ended in Mar. 2026 was 4.99%. It is also linked to ROA % through Du Pont Formula. Shri Krishna Devcon's annualizedROA % for the quarter that ended in Mar. 2026 was 2.15%.
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:
Shri Krishna Devcon'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.
Shri Krishna Devcon Asset Turnover Related Terms
Shri Krishna Devcon Asset Turnover Historical Data
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The historical data trend for Shri Krishna Devcon'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.
For the Real Estate - Development subindustry, Shri Krishna Devcon'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.
Shri Krishna Devcon Asset Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shri Krishna Devcon's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Shri Krishna Devcon'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.
Shri Krishna Devcon (BOM:531080) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shri Krishna Devcon and its competitors.
Is Shri Krishna Devcon's Asset Turnover too high?
Shri Krishna Devcon's current Asset Turnover is 0.03. Overall, Shri Krishna Devcon has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shri Krishna Devcon's Asset Turnover compare to competitors?
Shri Krishna Devcon's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Shri Krishna Devcon and its competitors. Shri Krishna Devcon's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Krishna Devcon stock overvalued right now?
Based on GuruFocus' analysis, Shri Krishna Devcon (BOM:531080) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹29.74, compared to a current price of ₹43.40 — trading 45.9% above its estimated fair value. The current Asset Turnover is 0.03. Shri Krishna Devcon's overall GF Score™ is 61/100 with 9 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 Shri Krishna Devcon (BOM:531080), the current Asset Turnover is 0.03 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 Shri Krishna Devcon (BOM:531080) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Krishna Devcon stock appears to be overvalued.
The current stock price of ₹43.40 is trading 45.9% above its estimated GF Value™ of ₹29.74.
GuruFocus considers Shri Krishna Devcon to be Significantly Overvalued.
Key valuation signals for BOM:531080:
Asset Turnover: 0.03
GF Value™: ₹29.74 vs. price of ₹43.40 (45.9% above fair value)
No single metric tells the full story. See the BOM:531080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Krishna Devcon Ltd is an India-based company focused on real estate developments and the construction of properties. It is engaged in the business of construction, development of townships, housing projects, commercial premises, and other related activities.. The company's residential projects include Bloom Park, Saffron Park, Hilton Tower, and others. It is engaged in a single operating segment, viz., real estate business.
61GF Score
Get the complete analysis for BOM:531080
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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