Dhanashree Electronics (BOM:542679) Asset Turnover: 0.31 (As of Mar. 2026)

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BOM:542679 Dhanashree Electronics Ltd BOM:542679
73 GF Score
Price ₹134.00
GF Value ₹117.78
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Dhanashree Electronics Asset Turnover?

Dhanashree Electronics BOM:542679 +4.48% 73 Asset Turnover is 0.31 as of Mar. 2026. GuruFocus rates BOM:542679 with a GF Score™ of 73/100 and a GF Value™ of ₹117.78 (Modestly Overvalued). 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. Dhanashree Electronics's Revenue for the three months ended in Mar. 2026 was ₹483 Mil. Dhanashree Electronics's Total Assets for the quarter that ended in Mar. 2026 was ₹1,561 Mil. Therefore, Dhanashree Electronics's Asset Turnover for the quarter that ended in Mar. 2026 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Dhanashree Electronics's annualized ROE % for the quarter that ended in Mar. 2026 was 6.80%. It is also linked to ROA % through Du Pont Formula. Dhanashree Electronics's annualized ROA % for the quarter that ended in Mar. 2026 was 3.04%.


Dhanashree Electronics  (BOM:542679) Asset Turnover Explanation

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

Dhanashree Electronics's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=47.52/698.621
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(47.52 / 1932.156)*(1932.156 / 1560.835)*(1560.835/ 698.621)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.46 %*1.2379*2.2342
=ROA %*Equity Multiplier
=3.04 %*2.2342
=6.80 %

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:

Dhanashree Electronics's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=47.52/1560.835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(47.52 / 1932.156)*(1932.156 / 1560.835)
=Net Margin %*Asset Turnover
=2.46 %*1.2379
=3.04 %

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.


Dhanashree Electronics Asset Turnover Related Terms


Dhanashree Electronics Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dhanashree Electronics'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.

Dhanashree Electronics Asset Turnover Chart

Dhanashree Electronics 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 0.51 0.51 0.72 0.74 0.74

Dhanashree Electronics 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 0.18 0.15 0.14 0.31

BOM:542679 vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Dhanashree Electronics'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.


Dhanashree Electronics Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dhanashree Electronics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dhanashree Electronics's Asset Turnover falls into.


BOM:542679
73GF Score
Dhanashree Electronics Ltd BOM:542679
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanashree Electronics Asset Turnover Calculation

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

Dhanashree Electronics'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 )
=1116.897/( (1440.213+1560.835)/ 2 )
=1116.897/1500.524
=0.74

Dhanashree Electronics'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 )
=483.039/( (0+1560.835)/ 1 )
=483.039/1560.835
=0.31

* 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 0.31 mean?
Dhanashree Electronics (BOM:542679) has a Asset Turnover of 0.31 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dhanashree Electronics and its competitors.
Is Dhanashree Electronics' Asset Turnover too high?
Dhanashree Electronics' current Asset Turnover is 0.31. Overall, Dhanashree Electronics has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhanashree Electronics' Asset Turnover compare to VRT and BE?
Dhanashree Electronics' Asset Turnover of 0.31 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Dhanashree Electronics and its competitors. Dhanashree Electronics's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanashree Electronics stock overvalued right now?
Based on GuruFocus' analysis, Dhanashree Electronics (BOM:542679) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹117.78, compared to a current price of ₹134.00 — trading 13.8% above its estimated fair value. The current Asset Turnover is 0.31. Dhanashree Electronics' overall GF Score™ is 73/100 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 Dhanashree Electronics (BOM:542679), the current Asset Turnover is 0.31 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 Dhanashree Electronics (BOM:542679) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanashree Electronics stock appears to be overvalued. The current stock price of ₹134.00 is trading 13.8% above its estimated GF Value™ of ₹117.78. GuruFocus considers Dhanashree Electronics to be Modestly Overvalued.

Key valuation signals for BOM:542679:

  • Asset Turnover: 0.31
  • GF Value™: ₹117.78 vs. price of ₹134.00 (13.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BOM:542679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanashree Electronics Business Description

Address Plot No. XI-16, Sector-V, Block EP and GP, Rashmi Building, Salt Lake Electronic Complex, Salt Lake City, Kolkata, WB, IND, 700091
Dhanashree Electronics Ltd is an India-based company engaged in the manufacturing and trading of electrical goods. It is engaged in lighting manufacturing, electrical goods marketing, installation services, professional audio, recording studio, and others. The company's product portfolio includes home lighting solutions, retail, and office solutions, outdoor and industrial solutions, LED garden lights and solar light solutions, Three-blade fan bulbs, Mosquito LED bulbs, and others.
73GF Score

Get the complete analysis for BOM:542679

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

₹134.00
Price
₹117.78
GF Value