Technofab Engineering (BOM:533216) Asset Turnover: 0.01 (As of Mar. 2025)

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What is Technofab Engineering Asset Turnover?

Technofab Engineering BOM:533216 Asset Turnover is 0.01 as of Mar. 2025.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Technofab Engineering's Revenue for the three months ended in Mar. 2025 was ₹42.7 Mil. Technofab Engineering's Total Assets for the quarter that ended in Mar. 2025 was ₹3,234.2 Mil. Therefore, Technofab Engineering's Asset Turnover for the quarter that ended in Mar. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Technofab Engineering's annualized ROE % for the quarter that ended in Mar. 2025 was 18.90%. It is also linked to ROA % through Du Pont Formula. Technofab Engineering's annualized ROA % for the quarter that ended in Mar. 2025 was -15.13%.


Technofab Engineering  (BOM:533216) Asset Turnover Explanation

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

Technofab Engineering's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-489.376/-2589.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-489.376 / 170.748)*(170.748 / 3234.197)*(3234.197/ -2589.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=-286.61 %*0.0528*-1.2489
=ROA %*Equity Multiplier
=-15.13 %*-1.2489
=18.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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:

Technofab Engineering's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=-489.376/3234.197
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-489.376 / 170.748)*(170.748 / 3234.197)
=Net Margin %*Asset Turnover
=-286.61 %*0.0528
=-15.13 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Technofab Engineering Asset Turnover Related Terms


Technofab Engineering Asset Turnover Historical Data

* Premium members only.

The historical data trend for Technofab Engineering'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.

Technofab Engineering Asset Turnover Chart

Technofab Engineering Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.30 0.35 0.15 0.06

Technofab Engineering Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.02 0.02 0.01 0.01 0.01

BOM:533216 vs JCI, J: Asset Turnover Comparison

For the Engineering & Construction subindustry, Technofab Engineering'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.


Technofab Engineering Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Technofab Engineering's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Technofab Engineering's Asset Turnover falls into.



Technofab Engineering Asset Turnover Calculation

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

Technofab Engineering's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=183.414/( (3389.372+3234.197)/ 2 )
=183.414/3311.7845
=0.06

Technofab Engineering's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=42.687/( (0+3234.197)/ 1 )
=42.687/3234.197
=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?
Technofab Engineering (BOM:533216) has a Asset Turnover of 0.01 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Technofab Engineering and its competitors.
Is Technofab Engineering's Asset Turnover too high?
Technofab Engineering's current Asset Turnover is 0.01.
How does Technofab Engineering's Asset Turnover compare to JCI and J?
Technofab Engineering's Asset Turnover of 0.01 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Technofab Engineering and its competitors. Technofab Engineering'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 Technofab Engineering stock overvalued right now?
Technofab Engineering (BOM:533216) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. 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 Technofab Engineering (BOM:533216), the current Asset Turnover is 0.01 as of Mar. 2025. 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.

Technofab Engineering Business Description

Address Mathura Road, Plot No.5, Sector-27C, Faridabad, HR, IND, 121003
Technofab Engineering Ltd is engaged majorly in the business of construction and engineering. In addition, the company provides long-distance pipelines, communication and power line and construction services. It serves both domestic and overseas clients, who operate in diverse sectors like thermal power, nuclear power, electrical, oil and gas, and industrial. It has operations in India, Ghana, Ethiopia, Kenya, Zambia, Fiji, Malawi, Liberia, and Zimbabwe. The Company is engaged in one primary business segment of engineering procurement contracts for electricity, water infrastructure, oil handling systems etc.