Sihora Industries (BOM:544585) Asset Turnover: 0.66 (As of Mar. 2026)

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BOM:544585 Sihora Industries Ltd BOM:544585
18 GF Score
Price ₹59.00
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What is Sihora Industries Asset Turnover?

Sihora Industries BOM:544585 18 Asset Turnover is 0.66 as of Mar. 2026. GuruFocus rates BOM:544585 with a GF Score™ of 18/100. 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. Sihora Industries's Revenue for the six months ended in Mar. 2026 was ₹105.4 Mil. Sihora Industries's Total Assets for the quarter that ended in Mar. 2026 was ₹160.6 Mil. Therefore, Sihora Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.66.

Asset Turnover is linked to ROE % through Du Pont Formula. Sihora Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 6.09%. It is also linked to ROA % through Du Pont Formula. Sihora Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 4.04%.


Sihora Industries  (BOM:544585) Asset Turnover Explanation

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

Sihora Industries's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6.49/106.522
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.49 / 210.768)*(210.768 / 160.6065)*(160.6065/ 106.522)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.08 %*1.3123*1.5077
=ROA %*Equity Multiplier
=4.04 %*1.5077
=6.09 %

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:

Sihora Industries's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=6.49/160.6065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.49 / 210.768)*(210.768 / 160.6065)
=Net Margin %*Asset Turnover
=3.08 %*1.3123
=4.04 %

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.


Sihora Industries Asset Turnover Related Terms


Sihora Industries Asset Turnover Historical Data

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The historical data trend for Sihora Industries'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.

Sihora Industries Asset Turnover Chart

Sihora Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.35 1.41 1.45 1.18

Sihora Industries Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Asset Turnover 0.00 0.00 0.79 0.66

Sihora Industries Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Sihora Industries'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.


Sihora Industries Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sihora Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sihora Industries's Asset Turnover falls into.


BOM:544585
18GF Score
Sihora Industries Ltd BOM:544585
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sihora Industries Asset Turnover Calculation

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

Sihora Industries'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 )
=189.198/( (126.492+194.721)/ 2 )
=189.198/160.6065
=1.18

Sihora Industries'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 )
=105.384/( (126.492+194.721)/ 2 )
=105.384/160.6065
=0.66

* 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 0.66 mean?
Sihora Industries (BOM:544585) has a Asset Turnover of 0.66 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sihora Industries and its competitors.
Is Sihora Industries' Asset Turnover too high?
Sihora Industries' current Asset Turnover is 0.66. Overall, Sihora Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sihora Industries' Asset Turnover compare to competitors?
Sihora Industries' Asset Turnover of 0.66 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Sihora Industries and its competitors. Sihora Industries's current Asset Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sihora Industries stock overvalued right now?
Sihora Industries (BOM:544585) has a current Asset Turnover of 0.66. The current Asset Turnover is 0.66. Sihora Industries' overall GF Score™ is 18/100 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 Sihora Industries (BOM:544585), the current Asset Turnover is 0.66 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.

Sihora Industries Business Description

Address Plot 34/D-1, Laxminarayan, BRC Compound, Udhna, Mangrol, Surat, GJ, IND, 394210
Sihora Industries Ltd is engaged in the business of manufacturing and sale of narrow woven fabrics, lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics and other textile products, including technical textiles, for use in fashion and industrial sectors. Its business integrates technology with traditional manufacturing processes for apparel clients, proprietary brands, and contract customers. The company manufactures customizable products for brands, retailers, wholesalers, and end consumers.
18GF 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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