Jain Resource Recycling (BOM:544537) Asset Turnover: 0.92 (As of Mar. 2026)

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BOM:544537 Jain Resource Recycling Ltd BOM:544537
17 GF Score
Price ₹347.00
! 4 Warning Signs
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What is Jain Resource Recycling Asset Turnover?

Jain Resource Recycling BOM:544537 +1.17% 17 Asset Turnover is 0.92 as of Mar. 2026. GuruFocus rates BOM:544537 with a GF Score™ of 17/100. The stock has 4 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. Jain Resource Recycling's Revenue for the three months ended in Mar. 2026 was ₹31,050 Mil. Jain Resource Recycling's Total Assets for the quarter that ended in Mar. 2026 was ₹33,822 Mil. Therefore, Jain Resource Recycling's Asset Turnover for the quarter that ended in Mar. 2026 was 0.92.

Asset Turnover is linked to ROE % through Du Pont Formula. Jain Resource Recycling's annualized ROE % for the quarter that ended in Mar. 2026 was 16.92%. It is also linked to ROA % through Du Pont Formula. Jain Resource Recycling's annualized ROA % for the quarter that ended in Mar. 2026 was 7.81%.


Jain Resource Recycling  (BOM:544537) Asset Turnover Explanation

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

Jain Resource Recycling's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2641.6/15612.49
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2641.6 / 124199.32)*(124199.32 / 33822.11)*(33822.11/ 15612.49)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.13 %*3.6721*2.1663
=ROA %*Equity Multiplier
=7.81 %*2.1663
=16.92 %

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:

Jain Resource Recycling's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2641.6/33822.11
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2641.6 / 124199.32)*(124199.32 / 33822.11)
=Net Margin %*Asset Turnover
=2.13 %*3.6721
=7.81 %

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.


Jain Resource Recycling Asset Turnover Related Terms


Jain Resource Recycling Asset Turnover Historical Data

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The historical data trend for Jain Resource Recycling'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.

Jain Resource Recycling Asset Turnover Chart

Jain Resource Recycling Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
2.78 2.87 3.34 3.82 3.66

Jain Resource Recycling Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 1.04 0.96 1.51 0.92

Jain Resource Recycling Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Jain Resource Recycling'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.


Jain Resource Recycling Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jain Resource Recycling's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jain Resource Recycling's Asset Turnover falls into.


BOM:544537
17GF Score
Jain Resource Recycling Ltd BOM:544537
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jain Resource Recycling Asset Turnover Calculation

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

Jain Resource Recycling'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 )
=95431.13/( (18362.37+33822.11)/ 2 )
=95431.13/26092.24
=3.66

Jain Resource Recycling'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 )
=31049.83/( (0+33822.11)/ 1 )
=31049.83/33822.11
=0.92

* 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 0.92 mean?
Jain Resource Recycling (BOM:544537) has a Asset Turnover of 0.92 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jain Resource Recycling and its competitors.
Is Jain Resource Recycling's Asset Turnover too high?
Jain Resource Recycling's current Asset Turnover is 0.92. Overall, Jain Resource Recycling has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jain Resource Recycling's Asset Turnover compare to competitors?
Jain Resource Recycling's Asset Turnover of 0.92 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Jain Resource Recycling and its competitors. Jain Resource Recycling's current Asset Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Resource Recycling stock overvalued right now?
Jain Resource Recycling (BOM:544537) has a current Asset Turnover of 0.92. The current Asset Turnover is 0.92. Jain Resource Recycling's overall GF Score™ is 17/100 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 Jain Resource Recycling (BOM:544537), the current Asset Turnover is 0.92 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.

Jain Resource Recycling Business Description

Other Exchanges JAINREC:India
Address Waddles Road, 4th Floor, The Lattice, Old No. 7/1, New No. 20, Kilpauk, Chennai, TN, IND, 600010
Jain Resource Recycling Ltd is engaged in the business of recycling and production of non-ferrous metals and non-metallic materials. Its product portfolio comprises lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys. The group is segregated into the following segments: Copper Processing, Lead Processing, Aluminium Processing, Precious Metal, and Others. It generates maximum revenue from the recycling and sale of copper and copper ingots. Geographically, the group generates maximum revenue from outside India through exports, and the rest from its business within India.
17GF 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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