Dhanlaxmi Bank (BOM:532180) Asset Turnover: 0.01 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:532180 Dhanlaxmi Bank Ltd BOM:532180
56 GF Score
Price ₹32.97
GF Value ₹28.07
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Dhanlaxmi Bank Asset Turnover?

Dhanlaxmi Bank BOM:532180 +0.83% 56 Asset Turnover is 0.01 as of Jun. 2026. GuruFocus rates BOM:532180 with a GF Score™ of 56/100 and a GF Value™ of ₹28.07 (Modestly Overvalued). The stock has 6 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. Dhanlaxmi Bank's Revenue for the three months ended in Jun. 2026 was ₹2,125 Mil. Dhanlaxmi Bank's Total Assets for the quarter that ended in Jun. 2026 was ₹216,820 Mil. Therefore, Dhanlaxmi Bank's Asset Turnover for the quarter that ended in Jun. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Dhanlaxmi Bank's annualized ROE % for the quarter that ended in Jun. 2026 was 6.67%. It is also linked to ROA % through Du Pont Formula. Dhanlaxmi Bank's annualized ROA % for the quarter that ended in Jun. 2026 was 0.46%.


Dhanlaxmi Bank  (BOM:532180) Asset Turnover Explanation

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

Dhanlaxmi Bank's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=996.4/14935.65
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(996.4 / 8500.4)*(8500.4 / 216819.5)*(216819.5/ 14935.65)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.72 %*0.0392*14.5169
=ROA %*Equity Multiplier
=0.46 %*14.5169
=6.67 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

Dhanlaxmi Bank's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=996.4/216819.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(996.4 / 8500.4)*(8500.4 / 216819.5)
=Net Margin %*Asset Turnover
=11.72 %*0.0392
=0.46 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Dhanlaxmi Bank Asset Turnover Related Terms


Dhanlaxmi Bank Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dhanlaxmi Bank'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.

Dhanlaxmi Bank Asset Turnover Chart

Dhanlaxmi Bank 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 0.04 0.04 0.04 0.04 0.04

Dhanlaxmi Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.01 0.01 0.01 0.01 0.01

BOM:532180 vs PNC: Asset Turnover Comparison

For the Banks - Regional subindustry, Dhanlaxmi Bank'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.


Dhanlaxmi Bank Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Dhanlaxmi Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dhanlaxmi Bank's Asset Turnover falls into.


BOM:532180
56GF Score
Dhanlaxmi Bank Ltd BOM:532180
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanlaxmi Bank Asset Turnover Calculation

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

Dhanlaxmi Bank'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 )
=8147.2/( (179369.373+212376.6)/ 2 )
=8147.2/195872.9865
=0.04

Dhanlaxmi Bank's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=2125.1/( (212376.6+221262.4)/ 2 )
=2125.1/216819.5
=0.01

* 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 0.01 mean?
Dhanlaxmi Bank (BOM:532180) has a Asset Turnover of 0.01 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dhanlaxmi Bank and its competitors.
Is Dhanlaxmi Bank's Asset Turnover too high?
Dhanlaxmi Bank's current Asset Turnover is 0.01. Overall, Dhanlaxmi Bank has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhanlaxmi Bank's Asset Turnover compare to PNC?
Dhanlaxmi Bank's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Dhanlaxmi Bank and its competitors. Dhanlaxmi Bank's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanlaxmi Bank stock overvalued right now?
Based on GuruFocus' analysis, Dhanlaxmi Bank (BOM:532180) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹28.07, compared to a current price of ₹32.97 — trading 17.5% above its estimated fair value. The current Asset Turnover is 0.01. Dhanlaxmi Bank's overall GF Score™ is 56/100 with 6 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 Dhanlaxmi Bank (BOM:532180), the current Asset Turnover is 0.01 as of Jun. 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 Dhanlaxmi Bank (BOM:532180) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanlaxmi Bank stock appears to be overvalued. The current stock price of ₹32.97 is trading 17.5% above its estimated GF Value™ of ₹28.07. GuruFocus considers Dhanlaxmi Bank to be Modestly Overvalued.

Key valuation signals for BOM:532180:

  • Asset Turnover: 0.01
  • GF Value™: ₹28.07 vs. price of ₹32.97 (17.5% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the BOM:532180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanlaxmi Bank Business Description

Other Exchanges DHANBANK:India
Address Punkunnam, Thrissur, Thrissur, KL, IND, 680 002
Dhanlaxmi Bank Ltd provides various banking and financial services in India. The bank operates through four segments. Its Treasury operations segment consists of interest earnings on the investment portfolio of the bank, gains or losses on investment operations, and earnings from foreign exchange business. The Corporate and wholesale banking segment offers loans and other banking services to the corporate segment. Its Retail Banking segment renders loans and other banking services to non-corporate customers. The Other banking operations segment includes income from para-banking activities such as debit cards, third-party product distribution, and associated costs. All the operations of the bank are located in India. The retail banking segment generates the highest revenue.
56GF Score

Get the complete analysis for BOM:532180

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

₹32.97
Price
₹28.07
GF Value