Akme Fintrade (India) (NSE:AFIL) Asset Turnover: 0.04 (As of Mar. 2026)


NSE:AFIL Akme Fintrade (India) Ltd NSE:AFIL
37 GF Score
Price ₹10.38
! 9 Warning Signs
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What is Akme Fintrade (India) Asset Turnover?

Akme Fintrade (India) NSE:AFIL -1.42% 37 Asset Turnover is 0.04 as of Mar. 2026. GuruFocus rates NSE:AFIL with a GF Score™ of 37/100. 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. Akme Fintrade (India)'s Revenue for the three months ended in Mar. 2026 was ₹405 Mil. Akme Fintrade (India)'s Total Assets for the quarter that ended in Mar. 2026 was ₹9,343 Mil. Therefore, Akme Fintrade (India)'s Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Akme Fintrade (India)'s annualized ROE % for the quarter that ended in Mar. 2026 was 11.58%. It is also linked to ROA % through Du Pont Formula. Akme Fintrade (India)'s annualized ROA % for the quarter that ended in Mar. 2026 was 5.25%.


Akme Fintrade (India)  (NSE:AFIL) Asset Turnover Explanation

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

Akme Fintrade (India)'s annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=490.948/4238.71
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(490.948 / 1621.476)*(1621.476 / 9342.936)*(9342.936/ 4238.71)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.28 %*0.1736*2.2042
=ROA %*Equity Multiplier
=5.25 %*2.2042
=11.58 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Akme Fintrade (India)'s annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=490.948/9342.936
=(Net Income / Revenue)*(Revenue / Total Assets)
=(490.948 / 1621.476)*(1621.476 / 9342.936)
=Net Margin %*Asset Turnover
=30.28 %*0.1736
=5.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Akme Fintrade (India) Asset Turnover Related Terms


Akme Fintrade (India) Asset Turnover Historical Data

* Premium members only.

The historical data trend for Akme Fintrade (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.

Akme Fintrade (India) Asset Turnover Chart

Akme Fintrade (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.16 0.17 0.17 0.18 0.18

Akme Fintrade (India) Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.05 0.04 0.05 0.04

NSE:AFIL vs V, MA, AXP: Asset Turnover Comparison

For the Credit Services subindustry, Akme Fintrade (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.


Akme Fintrade (India) Asset Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s Asset Turnover falls into.


NSE:AFIL
37GF Score
Akme Fintrade (India) Ltd NSE:AFIL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Akme Fintrade (India) Asset Turnover Calculation

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

Akme Fintrade (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 )
=1425.726/( (6753.644+9342.936)/ 2 )
=1425.726/8048.29
=0.18

Akme Fintrade (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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=405.369/( (0+9342.936)/ 1 )
=405.369/9342.936
=0.04

* 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 0.04 mean?
Akme Fintrade (India) (NSE:AFIL) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Akme Fintrade (India) and its competitors.
Is Akme Fintrade (India)'s Asset Turnover too high?
Akme Fintrade (India)'s current Asset Turnover is 0.04. Overall, Akme Fintrade (India) has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Akme Fintrade (India)'s Asset Turnover compare to V and MA?
Akme Fintrade (India)'s Asset Turnover of 0.04 can be compared against companies in the Credit Services 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 Credit Services company?
A good Asset Turnover depends on the Credit Services 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 Akme Fintrade (India) and its competitors. Akme Fintrade (India)'s current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akme Fintrade (India) stock overvalued right now?
Akme Fintrade (India) (NSE:AFIL) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. Akme Fintrade (India)'s overall GF Score™ is 37/100 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 Akme Fintrade (India) (NSE:AFIL), the current Asset Turnover is 0.04 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.

Akme Fintrade (India) Business Description

Other Exchanges 544200:India
Address Nathani Road, Office No. 4, Ground Floor, Neelkanth Businesspark, Vidyavihar West, Mumbai, MH, IND, 400086
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.
37GF 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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