Dharmaj Crop Guard (NSE:DHARMAJ) Asset Turnover: 0.28 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:DHARMAJ Dharmaj Crop Guard Ltd NSE:DHARMAJ
91 GF Score
Price ₹258.60
GF Value ₹413.20
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Dharmaj Crop Guard Asset Turnover?

Dharmaj Crop Guard NSE:DHARMAJ -0.56% 91 Asset Turnover is 0.28 as of Mar. 2026. GuruFocus rates NSE:DHARMAJ with a GF Score™ of 91/100 and a GF Value™ of ₹413.20 (Significantly Undervalued). The stock has 2 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. Dharmaj Crop Guard's Revenue for the three months ended in Mar. 2026 was ₹2,338 Mil. Dharmaj Crop Guard's Total Assets for the quarter that ended in Mar. 2026 was ₹8,414 Mil. Therefore, Dharmaj Crop Guard's Asset Turnover for the quarter that ended in Mar. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Dharmaj Crop Guard's annualized ROE % for the quarter that ended in Mar. 2026 was 3.53%. It is also linked to ROA % through Du Pont Formula. Dharmaj Crop Guard's annualized ROA % for the quarter that ended in Mar. 2026 was 1.89%.


Dharmaj Crop Guard  (NSE:DHARMAJ) Asset Turnover Explanation

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

Dharmaj Crop Guard's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=158.72/4490.43
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.72 / 9351.16)*(9351.16 / 8414.03)*(8414.03/ 4490.43)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.7 %*1.1114*1.8738
=ROA %*Equity Multiplier
=1.89 %*1.8738
=3.53 %

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:

Dharmaj Crop Guard's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=158.72/8414.03
=(Net Income / Revenue)*(Revenue / Total Assets)
=(158.72 / 9351.16)*(9351.16 / 8414.03)
=Net Margin %*Asset Turnover
=1.7 %*1.1114
=1.89 %

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.


Dharmaj Crop Guard Asset Turnover Related Terms


Dharmaj Crop Guard Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dharmaj Crop Guard'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.

Dharmaj Crop Guard Asset Turnover Chart

Dharmaj Crop Guard Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 2.25 1.60 1.31 1.47 1.45

Dharmaj Crop Guard Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 0.29 0.50 0.36 0.20 0.28

NSE:DHARMAJ vs CTVA, CF, MOS: Asset Turnover Comparison

For the Agricultural Inputs subindustry, Dharmaj Crop Guard'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.


Dharmaj Crop Guard Asset Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dharmaj Crop Guard's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dharmaj Crop Guard's Asset Turnover falls into.


NSE:DHARMAJ
91GF Score
Dharmaj Crop Guard Ltd NSE:DHARMAJ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dharmaj Crop Guard Asset Turnover Calculation

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

Dharmaj Crop Guard'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 )
=11379.65/( (7334.14+8414.03)/ 2 )
=11379.65/7874.085
=1.45

Dharmaj Crop Guard'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 )
=2337.79/( (0+8414.03)/ 1 )
=2337.79/8414.03
=0.28

* 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 0.28 mean?
Dharmaj Crop Guard (NSE:DHARMAJ) has a Asset Turnover of 0.28 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dharmaj Crop Guard and its competitors.
Is Dharmaj Crop Guard's Asset Turnover too high?
Dharmaj Crop Guard's current Asset Turnover is 0.28. Overall, Dharmaj Crop Guard has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dharmaj Crop Guard's Asset Turnover compare to CTVA and CF?
Dharmaj Crop Guard's Asset Turnover of 0.28 can be compared against companies in the Agriculture 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 Agriculture company?
A good Asset Turnover depends on the Agriculture 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 Dharmaj Crop Guard and its competitors. Dharmaj Crop Guard's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharmaj Crop Guard stock overvalued right now?
Based on GuruFocus' analysis, Dharmaj Crop Guard (NSE:DHARMAJ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹413.20, compared to a current price of ₹258.60 — trading 37.4% below its estimated fair value. The current Asset Turnover is 0.28. Dharmaj Crop Guard's overall GF Score™ is 91/100 with 2 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 Dharmaj Crop Guard (NSE:DHARMAJ), the current Asset Turnover is 0.28 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.

Is Dharmaj Crop Guard (NSE:DHARMAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Dharmaj Crop Guard stock appears to be undervalued. The current stock price of ₹258.60 is trading 37.4% below its estimated GF Value™ of ₹413.20. GuruFocus considers Dharmaj Crop Guard to be Significantly Undervalued.

Key valuation signals for NSE:DHARMAJ:

  • Asset Turnover: 0.28
  • GF Value™: ₹413.20 vs. price of ₹258.60 (37.4% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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


Dharmaj Crop Guard Business Description

Other Exchanges 543687:India
Address Iscon Ambli Road, Office No. 901 to 903 & 911, B-square 2, Ahmedabad, GJ, IND, 380058
Dharmaj Crop Guard Ltd is engaged in the business of manufacturing and dealing in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers, and allied products related to research and technical formulations. The company operates under segments namely fungicides, insecticides, herbicide, and Others. Geographically the company generates the majority of its revenue from India.
91GF Score

Get the complete analysis for NSE:DHARMAJ

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

₹258.60
Price
₹413.20
GF Value