Shlokka Dyes (BOM:544582) Asset Turnover: 0.74 (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:544582 Shlokka Dyes Ltd BOM:544582
16 GF Score
Price ₹22.20
! 9 Warning Signs
View Full Analysis

What is Shlokka Dyes Asset Turnover?

Shlokka Dyes BOM:544582 -4.15% 16 Asset Turnover is 0.74 as of Mar. 2026. GuruFocus rates BOM:544582 with a GF Score™ of 16/100. The stock has 9 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. Shlokka Dyes's Revenue for the six months ended in Mar. 2026 was ₹819.4 Mil. Shlokka Dyes's Total Assets for the quarter that ended in Mar. 2026 was ₹1,114.3 Mil. Therefore, Shlokka Dyes's Asset Turnover for the quarter that ended in Mar. 2026 was 0.74.

Asset Turnover is linked to ROE % through Du Pont Formula. Shlokka Dyes's annualized ROE % for the quarter that ended in Mar. 2026 was 17.62%. It is also linked to ROA % through Du Pont Formula. Shlokka Dyes's annualized ROA % for the quarter that ended in Mar. 2026 was 8.90%.


Shlokka Dyes  (BOM:544582) Asset Turnover Explanation

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

Shlokka Dyes's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=99.192/563.0955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(99.192 / 1638.826)*(1638.826 / 1114.291)*(1114.291/ 563.0955)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.05 %*1.4707*1.9789
=ROA %*Equity Multiplier
=8.90 %*1.9789
=17.62 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Shlokka Dyes's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=99.192/1114.291
=(Net Income / Revenue)*(Revenue / Total Assets)
=(99.192 / 1638.826)*(1638.826 / 1114.291)
=Net Margin %*Asset Turnover
=6.05 %*1.4707
=8.90 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Shlokka Dyes Asset Turnover Related Terms


Shlokka Dyes Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shlokka Dyes'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.

Shlokka Dyes Asset Turnover Chart

Shlokka Dyes Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
0.23 1.16 1.30 0.74

Shlokka Dyes Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Asset Turnover 0.23 1.16 1.30 0.74

BOM:544582 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Shlokka Dyes'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.


Shlokka Dyes Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shlokka Dyes's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shlokka Dyes's Asset Turnover falls into.


BOM:544582
16GF Score
Shlokka Dyes Ltd BOM:544582
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shlokka Dyes Asset Turnover Calculation

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

Shlokka Dyes'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 )
=819.413/( (915.83+1312.752)/ 2 )
=819.413/1114.291
=0.74

Shlokka Dyes'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: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=819.413/( (915.83+1312.752)/ 2 )
=819.413/1114.291
=0.74

* 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 0.74 mean?
Shlokka Dyes (BOM:544582) has a Asset Turnover of 0.74 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shlokka Dyes and its competitors.
Is Shlokka Dyes' Asset Turnover too high?
Shlokka Dyes' current Asset Turnover is 0.74. Overall, Shlokka Dyes has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shlokka Dyes' Asset Turnover compare to LIN and SHW?
Shlokka Dyes' Asset Turnover of 0.74 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Shlokka Dyes and its competitors. Shlokka Dyes's current Asset Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shlokka Dyes stock overvalued right now?
Shlokka Dyes (BOM:544582) has a current Asset Turnover of 0.74. The current Asset Turnover is 0.74. Shlokka Dyes' overall GF Score™ is 16/100 with 9 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 Shlokka Dyes (BOM:544582), the current Asset Turnover is 0.74 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.

Shlokka Dyes Business Description

Address Shed No C/42/1, GIDC Estate Near Fire Station, Opposite Ambika Nagar, Ahmedabad, GJ, IND, 382415
Shlokka Dyes Ltd is is engaged in the business of manufacturing of Reactive Dyes, a category of Synthetic Organic Dyes extensively utilized in the textile industry. Its diverse portfolio of dyes, including Direct Dyes, Basic Dyes, Vat Dyes, Digital Printing Dyes, and Paper Dyes etc., catering to wide range of industries such as textiles, leather, paper, and paints etc., the company's Reactive Dyes are available in primary colors such as black, blue, red, orange, and yellow, along with numerous variants of these shades, each identified by an internationally recognized Color Index Number.
16GF Score

Get the complete analysis for BOM:544582

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

₹22.20
Price