Elfin Agro India (BOM:544724) Asset Turnover: 4.12 (As of Mar. 2026)

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BOM:544724 Elfin Agro India Ltd BOM:544724
19 GF Score
Price ₹80.43
! 4 Warning Signs
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What is Elfin Agro India Asset Turnover?

Elfin Agro India BOM:544724 +4.93% 19 Asset Turnover is 4.12 as of Mar. 2026. GuruFocus rates BOM:544724 with a GF Score™ of 19/100. 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. Elfin Agro India's Revenue for the six months ended in Mar. 2026 was ₹1,768 Mil. Elfin Agro India's Total Assets for the quarter that ended in Mar. 2026 was ₹429 Mil. Therefore, Elfin Agro India's Asset Turnover for the quarter that ended in Mar. 2026 was 4.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Elfin Agro India's annualized ROE % for the quarter that ended in Mar. 2026 was 40.24%. It is also linked to ROA % through Du Pont Formula. Elfin Agro India's annualized ROA % for the quarter that ended in Mar. 2026 was 26.90%.


Elfin Agro India  (BOM:544724) Asset Turnover Explanation

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

Elfin Agro India's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=115.396/286.756
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(115.396 / 3535.536)*(3535.536 / 428.955)*(428.955/ 286.756)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.26 %*8.2422*1.4959
=ROA %*Equity Multiplier
=26.90 %*1.4959
=40.24 %

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:

Elfin Agro India's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=115.396/428.955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(115.396 / 3535.536)*(3535.536 / 428.955)
=Net Margin %*Asset Turnover
=3.26 %*8.2422
=26.90 %

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.


Elfin Agro India Asset Turnover Related Terms


Elfin Agro India Asset Turnover Historical Data

* Premium members only.

The historical data trend for Elfin Agro India'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.

Elfin Agro India Asset Turnover Chart

Elfin Agro India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
4.85 5.46 5.02 4.12

Elfin Agro India Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Asset Turnover 4.85 5.46 5.02 4.12

BOM:544724 vs KHC, GIS: Asset Turnover Comparison

For the Packaged Foods subindustry, Elfin Agro India'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.


Elfin Agro India Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elfin Agro India's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Elfin Agro India's Asset Turnover falls into.


BOM:544724
19GF Score
Elfin Agro India Ltd BOM:544724
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elfin Agro India Asset Turnover Calculation

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

Elfin Agro India'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 )
=1767.768/( (334.414+523.496)/ 2 )
=1767.768/428.955
=4.12

Elfin Agro India'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 )
=1767.768/( (334.414+523.496)/ 2 )
=1767.768/428.955
=4.12

* 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 4.12 mean?
Elfin Agro India (BOM:544724) has a Asset Turnover of 4.12 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Elfin Agro India and its competitors.
Is Elfin Agro India's Asset Turnover too high?
Elfin Agro India's current Asset Turnover is 4.12. Overall, Elfin Agro India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Elfin Agro India's Asset Turnover compare to KHC and GIS?
Elfin Agro India's Asset Turnover of 4.12 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Elfin Agro India and its competitors. Elfin Agro India's current Asset Turnover is 4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elfin Agro India stock overvalued right now?
Elfin Agro India (BOM:544724) has a current Asset Turnover of 4.12. The current Asset Turnover is 4.12. Elfin Agro India's overall GF Score™ is 19/100 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 Elfin Agro India (BOM:544724), the current Asset Turnover is 4.12 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.

Elfin Agro India Business Description

Elfin Agro India Ltd is engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. The company sells processed wheat flour under the brands "Shiv Nandi" and "ELFIN'S Shri Shyam BHOG" to wholesalers and retailers. It is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds. The company also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc. The company's majority of revenue is derived from the sale of its products, mainly Maida.
19GF Score

Get the complete analysis for BOM:544724

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

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