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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. Sayaji Industries's Revenue for the
three
months ended in Mar. 2026 was ₹2,676 Mil. Sayaji Industries's Total Assets for the quarter that ended in Mar. 2026 was ₹5,500 Mil. Therefore, Sayaji Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.49.
Asset Turnover is linked to ROE % through Du Pont Formula. Sayaji Industries's annualizedROE % for the quarter that ended in Mar. 2026 was 47.29%. It is also linked to ROA % through Du Pont Formula. Sayaji Industries's annualizedROA % for the quarter that ended in Mar. 2026 was 7.97%.
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:
Sayaji Industries'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.
Sayaji Industries Asset Turnover Related Terms
Sayaji Industries Asset Turnover Historical Data
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The historical data trend for Sayaji Industries'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:540728 vs ADM, BG, TSN: Asset Turnover Comparison
For the Farm Products subindustry, Sayaji Industries'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.
Sayaji Industries Asset Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sayaji Industries's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Sayaji Industries'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.
Sayaji Industries (BOM:540728) has a Asset Turnover of 0.49 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sayaji Industries and its competitors.
Is Sayaji Industries' Asset Turnover too high?
Sayaji Industries' current Asset Turnover is 0.49. Overall, Sayaji Industries has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sayaji Industries' Asset Turnover compare to ADM and BG?
Sayaji Industries' Asset Turnover of 0.49 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 Sayaji Industries and its competitors. Sayaji Industries's current Asset Turnover is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sayaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Sayaji Industries (BOM:540728) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹66.73, compared to a current price of ₹108.00 — trading 61.8% above its estimated fair value. The current Asset Turnover is 0.49. Sayaji Industries' overall GF Score™ is 55/100 with 4 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 Sayaji Industries (BOM:540728), the current Asset Turnover is 0.49 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 Sayaji Industries (BOM:540728) Overvalued in 2026?
Based on GuruFocus' analysis, Sayaji Industries stock appears to be overvalued.
The current stock price of ₹108.00 is trading 61.8% above its estimated GF Value™ of ₹66.73.
GuruFocus considers Sayaji Industries to be Significantly Overvalued.
Key valuation signals for BOM:540728:
Asset Turnover: 0.49
GF Value™: ₹66.73 vs. price of ₹108.00 (61.8% above fair value)
No single metric tells the full story. See the BOM:540728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, seeds industries., and other related industries.
55GF Score
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