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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. Karnavati Finance's Revenue for the
three
months ended in Mar. 2026 was ₹25.95 Mil. Karnavati Finance's Total Assets for the quarter that ended in Mar. 2026 was ₹652.60 Mil. Therefore, Karnavati Finance's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.
Asset Turnover is linked to ROE % through Du Pont Formula. Karnavati Finance's annualizedROE % for the quarter that ended in Mar. 2026 was -535.11%. It is also linked to ROA % through Du Pont Formula. Karnavati Finance's annualizedROA % for the quarter that ended in Mar. 2026 was -35.47%.
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:
Karnavati Finance'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.
Karnavati Finance Asset Turnover Related Terms
Karnavati Finance Asset Turnover Historical Data
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The historical data trend for Karnavati Finance'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.
BOM:538928 vs V, MA, AXP: Asset Turnover Comparison
For the Credit Services subindustry, Karnavati Finance'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.
Karnavati Finance Asset Turnover vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Karnavati Finance's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Karnavati Finance'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.
Karnavati Finance (BOM:538928) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Karnavati Finance and its competitors.
Is Karnavati Finance's Asset Turnover too high?
Karnavati Finance's current Asset Turnover is 0.04. Overall, Karnavati Finance has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Karnavati Finance's Asset Turnover compare to V and MA?
Karnavati Finance's Asset Turnover of 0.04 can be compared against companies in the Credit Services 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 Credit Services company?
A good Asset Turnover depends on the Credit Services 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 Karnavati Finance and its competitors. Karnavati Finance's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnavati Finance stock overvalued right now?
Based on GuruFocus' analysis, Karnavati Finance (BOM:538928) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4.22, compared to a current price of ₹1.45 — trading 65.6% below its estimated fair value. The current Asset Turnover is 0.04. Karnavati Finance's overall GF Score™ is 56/100 with 7 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 Karnavati Finance (BOM:538928), the current Asset Turnover is 0.04 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 Karnavati Finance (BOM:538928) Overvalued in 2026?
Based on GuruFocus' analysis, Karnavati Finance stock appears to be undervalued.
The current stock price of ₹1.45 is trading 65.6% below its estimated GF Value™ of ₹4.22.
GuruFocus considers Karnavati Finance to be Possible Value Trap.
Key valuation signals for BOM:538928:
Asset Turnover: 0.04
GF Value™: ₹4.22 vs. price of ₹1.45 (65.6% below fair value)
No single metric tells the full story. See the BOM:538928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnavati Finance Ltd is a non-banking financial company. The company provides lending, financing, and wealth management solutions. It offers customized solutions in areas of personal and business loans, corporate finance, mortgages, capital market-based lending, project loans, structured finance, wealth management, digital lending, debt capital markets, and syndication. The company generates revenue in the form of Interest Income.
56GF Score
Get the complete analysis for BOM:538928
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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