India Shelter Finance (BOM:544044) Asset Turnover: 0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544044 India Shelter Finance Corporation Ltd BOM:544044
38 GF Score
Price ₹815.05
! 5 Warning Signs
View Full Analysis

What is India Shelter Finance Asset Turnover?

India Shelter Finance BOM:544044 -0.12% 38 Asset Turnover is 0.04 as of Mar. 2026. GuruFocus rates BOM:544044 with a GF Score™ of 38/100. The stock has 5 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. India Shelter Finance's Revenue for the three months ended in Mar. 2026 was ₹3,753 Mil. India Shelter Finance's Total Assets for the quarter that ended in Mar. 2026 was ₹96,150 Mil. Therefore, India Shelter 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. India Shelter Finance's annualized ROE % for the quarter that ended in Mar. 2026 was 17.52%. It is also linked to ROA % through Du Pont Formula. India Shelter Finance's annualized ROA % for the quarter that ended in Mar. 2026 was 5.83%.


India Shelter Finance  (BOM:544044) Asset Turnover Explanation

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

India Shelter Finance's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5602.436/31981.246
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5602.436 / 15013.112)*(15013.112 / 96149.758)*(96149.758/ 31981.246)
=Net Margin %*Asset Turnover*Equity Multiplier
=37.32 %*0.1561*3.0064
=ROA %*Equity Multiplier
=5.83 %*3.0064
=17.52 %

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:

India Shelter Finance's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=5602.436/96149.758
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5602.436 / 15013.112)*(15013.112 / 96149.758)
=Net Margin %*Asset Turnover
=37.32 %*0.1561
=5.83 %

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.


India Shelter Finance Asset Turnover Related Terms


India Shelter Finance Asset Turnover Historical Data

* Premium members only.

The historical data trend for India Shelter 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.

India Shelter Finance Asset Turnover Chart

India Shelter Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.13 0.13 0.14 0.15 0.15

India Shelter Finance Quarterly Data
Mar21 Mar22 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 0.04 0.04 0.04 0.04 0.04

BOM:544044 vs RKT, FNMA, PFSI: Asset Turnover Comparison

For the Mortgage Finance subindustry, India Shelter 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.


India Shelter Finance Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, India Shelter Finance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where India Shelter Finance's Asset Turnover falls into.


BOM:544044
38GF Score
India Shelter Finance Corporation Ltd BOM:544044
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Shelter Finance Asset Turnover Calculation

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

India Shelter Finance'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 )
=13003.858/( (77475.002+96149.758)/ 2 )
=13003.858/86812.38
=0.15

India Shelter Finance'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 )
=3753.278/( (0+96149.758)/ 1 )
=3753.278/96149.758
=0.04

* 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 0.04 mean?
India Shelter Finance (BOM:544044) 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 India Shelter Finance and its competitors.
Is India Shelter Finance's Asset Turnover too high?
India Shelter Finance's current Asset Turnover is 0.04. Overall, India Shelter Finance has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does India Shelter Finance's Asset Turnover compare to RKT and FNMA?
India Shelter Finance's Asset Turnover of 0.04 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 India Shelter Finance and its competitors. India Shelter 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 India Shelter Finance stock overvalued right now?
India Shelter Finance (BOM:544044) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. India Shelter Finance's overall GF Score™ is 38/100 with 5 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 India Shelter Finance (BOM:544044), 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.

India Shelter Finance Business Description

Other Exchanges INDIASHLTR:India
Address Institutional Area, Sector 44, 6th Floor, Plot No 15, Gurugram, HR, IND, 122002
India Shelter Finance Corporation Ltd caters to the housing needs of the self-employed, informal segment of customers, belonging to the middle income, predominantly from semi-urban and rural markets. It is engaged in providing secured retail home loans, home equity loans, and loans against property to borrowers for a period of up to twenty years. These loans are mainly to be used by borrowers for home purchase, home improvements, home extension, and the construction of dwelling units on plots owned by borrowers. Geographically, the company's operations are spread across different regions in India.
38GF Score

Get the complete analysis for BOM:544044

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

₹815.05
Price