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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. Ganga Papers India's Revenue for the
three
months ended in Mar. 2026 was ₹761 Mil. Ganga Papers India's Total Assets for the quarter that ended in Mar. 2026 was ₹1,003 Mil. Therefore, Ganga Papers India's Asset Turnover for the quarter that ended in Mar. 2026 was 0.76.
Asset Turnover is linked to ROE % through Du Pont Formula. Ganga Papers India's annualizedROE % for the quarter that ended in Mar. 2026 was 9.48%. It is also linked to ROA % through Du Pont Formula. Ganga Papers India's annualizedROA % for the quarter that ended in Mar. 2026 was 3.05%.
Ganga Papers India (BOM:531813) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Ganga Papers India's annulizedROE % 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.
** 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:
Ganga Papers India'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.
Ganga Papers India Asset Turnover Related Terms
Ganga Papers India Asset Turnover Historical Data
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The historical data trend for Ganga Papers India'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.
Ganga Papers India Asset Turnover Competitor Comparison
For the Paper & Paper Products subindustry, Ganga Papers India'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.
Ganga Papers India Asset Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ganga Papers India's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Ganga Papers India'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.
Ganga Papers India (BOM:531813) has a Asset Turnover of 0.76 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ganga Papers India and its competitors.
Is Ganga Papers India's Asset Turnover too high?
Ganga Papers India's current Asset Turnover is 0.76. Overall, Ganga Papers India has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's Asset Turnover compare to competitors?
Ganga Papers India's Asset Turnover of 0.76 can be compared against companies in the Forest Products 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 Forest Products company?
A good Asset Turnover depends on the Forest Products 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 Ganga Papers India and its competitors. Ganga Papers India's current Asset Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹117.75, compared to a current price of ₹81.00 — trading 31.2% below its estimated fair value. The current Asset Turnover is 0.76. Ganga Papers India's overall GF Score™ is 56/100 with 3 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 Ganga Papers India (BOM:531813), the current Asset Turnover is 0.76 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 Ganga Papers India (BOM:531813) Overvalued in 2026?
Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued.
The current stock price of ₹81.00 is trading 31.2% below its estimated GF Value™ of ₹117.75.
GuruFocus considers Ganga Papers India to be Significantly Undervalued.
Key valuation signals for BOM:531813:
Asset Turnover: 0.76
GF Value™: ₹117.75 vs. price of ₹81.00 (31.2% below fair value)
No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
56GF Score
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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