Riddhi Display Equipments (BOM:544640) Asset Turnover: 0.63 (As of Mar. 2026)

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BOM:544640 Riddhi Display Equipments Ltd BOM:544640
16 GF Score
Price ₹32.14
! 6 Warning Signs
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What is Riddhi Display Equipments Asset Turnover?

Riddhi Display Equipments BOM:544640 16 Asset Turnover is 0.63 as of Mar. 2026. GuruFocus rates BOM:544640 with a GF Score™ of 16/100. The stock has 6 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. Riddhi Display Equipments's Revenue for the six months ended in Mar. 2026 was ₹291.0 Mil. Riddhi Display Equipments's Total Assets for the quarter that ended in Mar. 2026 was ₹460.3 Mil. Therefore, Riddhi Display Equipments's Asset Turnover for the quarter that ended in Mar. 2026 was 0.63.

Asset Turnover is linked to ROE % through Du Pont Formula. Riddhi Display Equipments's annualized ROE % for the quarter that ended in Mar. 2026 was 35.88%. It is also linked to ROA % through Du Pont Formula. Riddhi Display Equipments's annualized ROA % for the quarter that ended in Mar. 2026 was 18.51%.


Riddhi Display Equipments  (BOM:544640) Asset Turnover Explanation

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

Riddhi Display Equipments's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=85.198/237.45
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(85.198 / 581.924)*(581.924 / 460.2825)*(460.2825/ 237.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.64 %*1.2643*1.9384
=ROA %*Equity Multiplier
=18.51 %*1.9384
=35.88 %

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:

Riddhi Display Equipments's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=85.198/460.2825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(85.198 / 581.924)*(581.924 / 460.2825)
=Net Margin %*Asset Turnover
=14.64 %*1.2643
=18.51 %

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.


Riddhi Display Equipments Asset Turnover Related Terms


Riddhi Display Equipments Asset Turnover Historical Data

* Premium members only.

The historical data trend for Riddhi Display Equipments'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.

Riddhi Display Equipments Asset Turnover Chart

Riddhi Display Equipments Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.03 1.04 0.97 0.63

Riddhi Display Equipments Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Asset Turnover 1.03 1.04 0.97 0.63

BOM:544640 vs SN, SGI, MHK: Asset Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Riddhi Display Equipments'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.


Riddhi Display Equipments Asset Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Riddhi Display Equipments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Riddhi Display Equipments's Asset Turnover falls into.


BOM:544640
16GF Score
Riddhi Display Equipments Ltd BOM:544640
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Display Equipments Asset Turnover Calculation

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

Riddhi Display Equipments'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 )
=290.962/( (323.443+597.122)/ 2 )
=290.962/460.2825
=0.63

Riddhi Display Equipments'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 )
=290.962/( (323.443+597.122)/ 2 )
=290.962/460.2825
=0.63

* 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 0.63 mean?
Riddhi Display Equipments (BOM:544640) has a Asset Turnover of 0.63 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Riddhi Display Equipments and its competitors.
Is Riddhi Display Equipments' Asset Turnover too high?
Riddhi Display Equipments' current Asset Turnover is 0.63. Overall, Riddhi Display Equipments has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Riddhi Display Equipments' Asset Turnover compare to SN and SGI?
Riddhi Display Equipments' Asset Turnover of 0.63 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Asset Turnover depends on the Furnishings, Fixtures & Appliances 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 Riddhi Display Equipments and its competitors. Riddhi Display Equipments's current Asset Turnover is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Display Equipments stock overvalued right now?
Riddhi Display Equipments (BOM:544640) has a current Asset Turnover of 0.63. The current Asset Turnover is 0.63. Riddhi Display Equipments' overall GF Score™ is 16/100 with 6 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 Riddhi Display Equipments (BOM:544640), the current Asset Turnover is 0.63 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.

Riddhi Display Equipments Business Description

Address National Highway-27 Gondal Highway, Plot No.1, Survey No.2/1 P4/P2, Village Bhojpara, Gondal, Rajkot, GJ, IND, 360311
Riddhi Display Equipments Ltd is engaged in the business of manufacturing and supply of Display Counter, Kitchen Equipments and Refrigeration Equipments. It is engaged in creating inventive and tailormade solutions for commercial kitchen and bakery setup requirements. The Company offers customized display equipment for Sweet, Bakery, Namkeen, Fast-food, Chat, Dry Fruit, Snacks, Panipuri (Gol Gappa), Sweet Corn, Ice-cream and Shrikhand. The products manufacture by the company are supplied to Restaurants, Food Courts, Cafes, Retail Shops, Super Markets, Ice Cream Parlours, Cake & Pastry Shops, etc.
16GF Score

Get the complete analysis for BOM:544640

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

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