KRN Heat Exchanger and Refrigeration (BOM:544263) Asset Turnover: 0.19 (As of Mar. 2026)

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BOM:544263 KRN Heat Exchanger and Refrigeration Ltd BOM:544263
48 GF Score
Price ₹1,290.70
! 8 Warning Signs
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What is KRN Heat Exchanger and Refrigeration Asset Turnover?

KRN Heat Exchanger and Refrigeration BOM:544263 +4.98% 48 Asset Turnover is 0.19 as of Mar. 2026. GuruFocus rates BOM:544263 with a GF Score™ of 48/100. The stock has 8 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. KRN Heat Exchanger and Refrigeration's Revenue for the three months ended in Mar. 2026 was ₹1,795 Mil. KRN Heat Exchanger and Refrigeration's Total Assets for the quarter that ended in Mar. 2026 was ₹9,318 Mil. Therefore, KRN Heat Exchanger and Refrigeration's Asset Turnover for the quarter that ended in Mar. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. KRN Heat Exchanger and Refrigeration's annualized ROE % for the quarter that ended in Mar. 2026 was 16.28%. It is also linked to ROA % through Du Pont Formula. KRN Heat Exchanger and Refrigeration's annualized ROA % for the quarter that ended in Mar. 2026 was 10.03%.


KRN Heat Exchanger and Refrigeration  (BOM:544263) Asset Turnover Explanation

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

KRN Heat Exchanger and Refrigeration's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=934.46/5739.948
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(934.46 / 7179.192)*(7179.192 / 9318.16)*(9318.16/ 5739.948)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.02 %*0.7705*1.6234
=ROA %*Equity Multiplier
=10.03 %*1.6234
=16.28 %

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:

KRN Heat Exchanger and Refrigeration's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=934.46/9318.16
=(Net Income / Revenue)*(Revenue / Total Assets)
=(934.46 / 7179.192)*(7179.192 / 9318.16)
=Net Margin %*Asset Turnover
=13.02 %*0.7705
=10.03 %

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.


KRN Heat Exchanger and Refrigeration Asset Turnover Related Terms


KRN Heat Exchanger and Refrigeration Asset Turnover Historical Data

* Premium members only.

The historical data trend for KRN Heat Exchanger and Refrigeration'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.

KRN Heat Exchanger and Refrigeration Asset Turnover Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 2.15 2.05 1.52 1.01 0.79

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 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 0.22 0.19 0.21 0.21 0.19

BOM:544263 vs APH, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.


KRN Heat Exchanger and Refrigeration Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Asset Turnover distribution charts can be found below:

* The bar in red indicates where KRN Heat Exchanger and Refrigeration's Asset Turnover falls into.


BOM:544263
48GF Score
KRN Heat Exchanger and Refrigeration Ltd BOM:544263
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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KRN Heat Exchanger and Refrigeration Asset Turnover Calculation

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

KRN Heat Exchanger and Refrigeration'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 )
=6000.577/( (5951.145+9318.16)/ 2 )
=6000.577/7634.6525
=0.79

KRN Heat Exchanger and Refrigeration'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 )
=1794.798/( (0+9318.16)/ 1 )
=1794.798/9318.16
=0.19

* 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 0.19 mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Asset Turnover of 0.19 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on KRN Heat Exchanger and Refrigeration and its competitors.
Is KRN Heat Exchanger and Refrigeration's Asset Turnover too high?
KRN Heat Exchanger and Refrigeration's current Asset Turnover is 0.19. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Asset Turnover compare to APH and GLW?
KRN Heat Exchanger and Refrigeration's Asset Turnover of 0.19 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 KRN Heat Exchanger and Refrigeration and its competitors. KRN Heat Exchanger and Refrigeration's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRN Heat Exchanger and Refrigeration stock overvalued right now?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a current Asset Turnover of 0.19. The current Asset Turnover is 0.19. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 48/100 with 8 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 KRN Heat Exchanger and Refrigeration (BOM:544263), the current Asset Turnover is 0.19 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.

KRN Heat Exchanger and Refrigeration Business Description

Other Exchanges KRN:India
Address Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana, Alwar, RJ, IND, 301705
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.
48GF Score

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

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