Bhadora Industries (NSE:BHADORA) Asset Turnover: 1.53 (As of Mar. 2025)

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NSE:BHADORA Bhadora Industries Ltd NSE:BHADORA
18 GF Score
Price ₹89.75
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What is Bhadora Industries Asset Turnover?

Bhadora Industries NSE:BHADORA -0.88% 18 Asset Turnover is 1.53 as of Mar. 2025. GuruFocus rates NSE:BHADORA with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bhadora Industries's Revenue for the six months ended in Mar. 2025 was ₹643 Mil. Bhadora Industries's Total Assets for the quarter that ended in Mar. 2025 was ₹421 Mil. Therefore, Bhadora Industries's Asset Turnover for the quarter that ended in Mar. 2025 was 1.53.

Asset Turnover is linked to ROE % through Du Pont Formula. Bhadora Industries's annualized ROE % for the quarter that ended in Mar. 2025 was 78.26%. It is also linked to ROA % through Du Pont Formula. Bhadora Industries's annualized ROA % for the quarter that ended in Mar. 2025 was 32.56%.


Bhadora Industries  (NSE:BHADORA) Asset Turnover Explanation

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

Bhadora Industries's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=137.074/175.1495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(137.074 / 1286.87)*(1286.87 / 420.961)*(420.961/ 175.1495)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.65 %*3.057*2.4034
=ROA %*Equity Multiplier
=32.56 %*2.4034
=78.26 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Bhadora Industries's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=137.074/420.961
=(Net Income / Revenue)*(Revenue / Total Assets)
=(137.074 / 1286.87)*(1286.87 / 420.961)
=Net Margin %*Asset Turnover
=10.65 %*3.057
=32.56 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Bhadora Industries Asset Turnover Related Terms


Bhadora Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bhadora Industries'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.

Bhadora Industries Asset Turnover Chart

Bhadora Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Asset Turnover
0.85 0.99 3.54 2.95

Bhadora Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Asset Turnover 0.00 0.00 0.00 1.49 1.53

NSE:BHADORA vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Bhadora Industries'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.


Bhadora Industries Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bhadora Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bhadora Industries's Asset Turnover falls into.


NSE:BHADORA
18GF Score
Bhadora Industries Ltd NSE:BHADORA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhadora Industries Asset Turnover Calculation

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

Bhadora Industries'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 )
=1101.118/( (258.666+487.617)/ 2 )
=1101.118/373.1415
=2.95

Bhadora Industries's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=643.435/( (354.305+487.617)/ 2 )
=643.435/420.961
=1.53

* 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 1.53 mean?
Bhadora Industries (NSE:BHADORA) has a Asset Turnover of 1.53 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bhadora Industries and its competitors.
Is Bhadora Industries' Asset Turnover too high?
Bhadora Industries' current Asset Turnover is 1.53. Overall, Bhadora Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhadora Industries' Asset Turnover compare to VRT and BE?
Bhadora Industries' Asset Turnover of 1.53 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Bhadora Industries and its competitors. Bhadora Industries's current Asset Turnover is 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhadora Industries stock overvalued right now?
Bhadora Industries (NSE:BHADORA) has a current Asset Turnover of 1.53. The current Asset Turnover is 1.53. Bhadora Industries' overall GF Score™ is 18/100. 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 Bhadora Industries (NSE:BHADORA), the current Asset Turnover is 1.53 as of Mar. 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.

Bhadora Industries Business Description

Address A.B. Road, Plot No 39.405, 505, Fifth Floor, NRK Bizpark, Scheme No. 54-55, PU4, Indore DDU Nagar, Indore, MP, IND, 452010
Bhadora Industries Ltd is engaged in the business of manufacturing industrial cables which provide efficient electricity transmission and distribution solutions to the government discoms and EPC companies which cater to the diverse electrical connectivity needs of various industrial sectors. It operates under the brand name of Vidhut Cables. Its products are designed for specific functions in electricity transmission and distribution. Each product serves a specific function in electricity transmission, from reliable power distribution in low voltage applications to high performance cables used in overhead power lines.
18GF Score

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