Art Nirman (NSE:ARTNIRMAN) Asset Turnover: 0.03 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ARTNIRMAN Art Nirman Ltd NSE:ARTNIRMAN
62 GF Score
Price ₹39.96
GF Value ₹37.09
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Art Nirman Asset Turnover?

Art Nirman NSE:ARTNIRMAN -0.10% 62 Asset Turnover is 0.03 as of Dec. 2025. GuruFocus rates NSE:ARTNIRMAN with a GF Score™ of 62/100 and a GF Value™ of ₹37.09 (Fairly Valued). 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. Art Nirman's Revenue for the three months ended in Dec. 2025 was ₹25.0 Mil. Art Nirman's Total Assets for the quarter that ended in Dec. 2025 was ₹881.2 Mil. Therefore, Art Nirman's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Art Nirman's annualized ROE % for the quarter that ended in Dec. 2025 was 0.73%. It is also linked to ROA % through Du Pont Formula. Art Nirman's annualized ROA % for the quarter that ended in Dec. 2025 was 0.31%.


Art Nirman  (NSE:ARTNIRMAN) Asset Turnover Explanation

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

Art Nirman's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2.752/376.48
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.752 / 100)*(100 / 881.173)*(881.173/ 376.48)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.75 %*0.1135*2.3406
=ROA %*Equity Multiplier
=0.31 %*2.3406
=0.73 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

Art Nirman's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=2.752/881.173
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.752 / 100)*(100 / 881.173)
=Net Margin %*Asset Turnover
=2.75 %*0.1135
=0.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Art Nirman Asset Turnover Related Terms


Art Nirman Asset Turnover Historical Data

* Premium members only.

The historical data trend for Art Nirman'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.

Art Nirman Asset Turnover Chart

Art Nirman Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.68 0.41 0.65 0.45

Art Nirman Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only 0.08 0.13 0.02 0.08 0.03

Art Nirman Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Art Nirman'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.


Art Nirman Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Art Nirman's Asset Turnover falls into.


NSE:ARTNIRMAN
62GF Score
Art Nirman Ltd NSE:ARTNIRMAN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Art Nirman Asset Turnover Calculation

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

Art Nirman's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=273.852/( (531.763+688.174)/ 2 )
=273.852/609.9685
=0.45

Art Nirman's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=25/( (881.173+0)/ 1 )
=25/881.173
=0.03

* 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 0.03 mean?
Art Nirman (NSE:ARTNIRMAN) has a Asset Turnover of 0.03 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Art Nirman and its competitors.
Is Art Nirman's Asset Turnover too high?
Art Nirman's current Asset Turnover is 0.03. Overall, Art Nirman has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Art Nirman's Asset Turnover compare to competitors?
Art Nirman's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Art Nirman and its competitors. Art Nirman's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Nirman stock overvalued right now?
Based on GuruFocus' analysis, Art Nirman (NSE:ARTNIRMAN) is currently considered Fairly Valued. The stock's GF Value™ is ₹37.09, compared to a current price of ₹39.96 — trading 7.7% above its estimated fair value. The current Asset Turnover is 0.03. Art Nirman's overall GF Score™ is 62/100 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 Art Nirman (NSE:ARTNIRMAN), the current Asset Turnover is 0.03 as of Dec. 2025. 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.

Is Art Nirman (NSE:ARTNIRMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Art Nirman stock appears to be overvalued. The current stock price of ₹39.96 is trading 7.7% above its estimated GF Value™ of ₹37.09. GuruFocus considers Art Nirman to be Fairly Valued.

Key valuation signals for NSE:ARTNIRMAN:

  • Asset Turnover: 0.03
  • GF Value™: ₹37.09 vs. price of ₹39.96 (7.7% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the NSE:ARTNIRMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art Nirman Business Description

Address Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.
62GF Score

Get the complete analysis for NSE:ARTNIRMAN

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

₹39.96
Price
₹37.09
GF Value