Zeal Aqua (BOM:539963) Asset Turnover: 0.40 (As of Mar. 2026)

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BOM:539963 Zeal Aqua Ltd BOM:539963
84 GF Score
Price ₹11.09
GF Value ₹16.33
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zeal Aqua Asset Turnover?

Zeal Aqua BOM:539963 -0.45% 84 Asset Turnover is 0.40 as of Mar. 2026. GuruFocus rates BOM:539963 with a GF Score™ of 84/100 and a GF Value™ of ₹16.33 (Significantly Undervalued). The stock has 3 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. Zeal Aqua's Revenue for the three months ended in Mar. 2026 was ₹1,369 Mil. Zeal Aqua's Total Assets for the quarter that ended in Mar. 2026 was ₹3,407 Mil. Therefore, Zeal Aqua's Asset Turnover for the quarter that ended in Mar. 2026 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. Zeal Aqua's annualized ROE % for the quarter that ended in Mar. 2026 was 7.90%. It is also linked to ROA % through Du Pont Formula. Zeal Aqua's annualized ROA % for the quarter that ended in Mar. 2026 was 2.39%.


Zeal Aqua  (BOM:539963) Asset Turnover Explanation

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

Zeal Aqua's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=81.528/1032.555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(81.528 / 5474.26)*(5474.26 / 3407.38)*(3407.38/ 1032.555)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.49 %*1.6066*3.3
=ROA %*Equity Multiplier
=2.39 %*3.3
=7.90 %

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:

Zeal Aqua's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=81.528/3407.38
=(Net Income / Revenue)*(Revenue / Total Assets)
=(81.528 / 5474.26)*(5474.26 / 3407.38)
=Net Margin %*Asset Turnover
=1.49 %*1.6066
=2.39 %

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.


Zeal Aqua Asset Turnover Related Terms


Zeal Aqua Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zeal Aqua'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.

Zeal Aqua Asset Turnover Chart

Zeal Aqua 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 1.41 1.47 1.41 1.63 1.99

Zeal Aqua Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.29 0.37 0.44 0.52 0.40

BOM:539963 vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Zeal Aqua'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.


Zeal Aqua Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zeal Aqua's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zeal Aqua's Asset Turnover falls into.


BOM:539963
84GF Score
Zeal Aqua Ltd BOM:539963
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Aqua Asset Turnover Calculation

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

Zeal Aqua'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 )
=6675.092/( (3312.364+3407.38)/ 2 )
=6675.092/3359.872
=1.99

Zeal Aqua's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1368.565/( (0+3407.38)/ 1 )
=1368.565/3407.38
=0.40

* 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 0.40 mean?
Zeal Aqua (BOM:539963) has a Asset Turnover of 0.40 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zeal Aqua and its competitors.
Is Zeal Aqua's Asset Turnover too high?
Zeal Aqua's current Asset Turnover is 0.40. Overall, Zeal Aqua has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeal Aqua's Asset Turnover compare to ADM and BG?
Zeal Aqua's Asset Turnover of 0.40 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Zeal Aqua and its competitors. Zeal Aqua's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Aqua stock overvalued right now?
Based on GuruFocus' analysis, Zeal Aqua (BOM:539963) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.33, compared to a current price of ₹11.09 — trading 32.1% below its estimated fair value. The current Asset Turnover is 0.40. Zeal Aqua's overall GF Score™ is 84/100 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 Zeal Aqua (BOM:539963), the current Asset Turnover is 0.40 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 Zeal Aqua (BOM:539963) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Aqua stock appears to be undervalued. The current stock price of ₹11.09 is trading 32.1% below its estimated GF Value™ of ₹16.33. GuruFocus considers Zeal Aqua to be Significantly Undervalued.

Key valuation signals for BOM:539963:

  • Asset Turnover: 0.40
  • GF Value™: ₹16.33 vs. price of ₹11.09 (32.1% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the BOM:539963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeal Aqua Business Description

Address Block No. 347, Taluka Olpad, Village Orma, Surat, GJ, IND, 394540
Zeal Aqua Ltd is an Indian company engaged in the aquaculture industry, especially prawn farming and trading of seed, feed, and medicines required for shrimp farming. The company uses satellite farming techniques to produce shrimps and provides feed and probiotics to small aqua farmers, working closely with them to ensure quality shrimp production. It produces and exports seafood (shrimps) across the world to markets like Belgium, Denmark, France, Germany, Greece, Japan, the USA, Vietnam, South Korea, Spain, etc.
84GF Score

Get the complete analysis for BOM:539963

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

₹11.09
Price
₹16.33
GF Value