Abha Power and Steel (NSE:ABHAPOWER) Asset Turnover: 0.33 (As of Mar. 2026)


NSE:ABHAPOWER Abha Power and Steel Ltd NSE:ABHAPOWER
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What is Abha Power and Steel Asset Turnover?

Abha Power and Steel NSE:ABHAPOWER 12 Asset Turnover is 0.33 as of Mar. 2026. GuruFocus rates NSE:ABHAPOWER with a GF Score™ of 12/100. The stock has 3 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. Abha Power and Steel's Revenue for the six months ended in Mar. 2026 was ₹276.5 Mil. Abha Power and Steel's Total Assets for the quarter that ended in Mar. 2026 was ₹833.7 Mil. Therefore, Abha Power and Steel's Asset Turnover for the quarter that ended in Mar. 2026 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Abha Power and Steel's annualized ROE % for the quarter that ended in Mar. 2026 was 1.61%. It is also linked to ROA % through Du Pont Formula. Abha Power and Steel's annualized ROA % for the quarter that ended in Mar. 2026 was 1.03%.

Abha Power and Steel  (NSE:ABHAPOWER) Asset Turnover Explanation

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

Abha Power and Steel's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8.552/530.847
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.552 / 552.92)*(552.92 / 833.67)*(833.67/ 530.847)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.55 %*0.6632*1.5705
=ROA %*Equity Multiplier
=1.03 %*1.5705
=1.61 %

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:

Abha Power and Steel's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=8.552/833.67
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.552 / 552.92)*(552.92 / 833.67)
=Net Margin %*Asset Turnover
=1.55 %*0.6632
=1.03 %

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.

Abha Power and Steel Asset Turnover Related Terms

Abha Power and Steel Asset Turnover Historical Data

* Premium members only.

The historical data trend for Abha Power and Steel'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.

Abha Power and Steel Asset Turnover Chart

Abha Power and Steel Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.51 1.33 1.10 1.11 0.76

Abha Power and Steel Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 0.73 0.45 0.43 0.33

NSE:ABHAPOWER vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Abha Power and Steel'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.

Abha Power and Steel Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Abha Power and Steel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Abha Power and Steel's Asset Turnover falls into.


NSE:ABHAPOWER
12GF Score
Abha Power and Steel Ltd NSE:ABHAPOWER
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Abha Power and Steel Asset Turnover Calculation

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

Abha Power and Steel'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 )
=622.151/( (791.772+855.618)/ 2 )
=622.151/823.695
=0.76

Abha Power and Steel'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=276.46/( (811.722+855.618)/ 2 )
=276.46/833.67
=0.33

* 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 0.33 mean?
Abha Power and Steel (NSE:ABHAPOWER) has a Asset Turnover of 0.33 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Abha Power and Steel and its competitors.
Is Abha Power and Steel's Asset Turnover too high?
Abha Power and Steel's current Asset Turnover is 0.33. Overall, Abha Power and Steel has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Abha Power and Steel's Asset Turnover compare to NUE and STLD?
Abha Power and Steel's Asset Turnover of 0.33 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Abha Power and Steel and its competitors. Abha Power and Steel's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abha Power and Steel stock overvalued right now?
Abha Power and Steel (NSE:ABHAPOWER) has a current Asset Turnover of 0.33. The current Asset Turnover is 0.33. Abha Power and Steel's overall GF Score™ is 12/100 with 3 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 Abha Power and Steel (NSE:ABHAPOWER), the current Asset Turnover is 0.33 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.

Abha Power and Steel Business Description

Address Silpahri Industrial State, Hardikala, Bilaspur, CT, IND, 495001
Abha Power and Steel Ltd is engaged in the business of iron and steel foundry, particularly in casting and manufacturing customized products in mostly all grades of iron and steel. Its versatile product portfolio covers all grades of mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, low alloy and high alloy castings (high CR & high Ni), HRCS & WRCS, from as small as 0.5 Kgs to 6 Tonnes single finished casting.
12GF Score

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