Dwarikesh Sugar Industries (NSE:DWARKESH) Asset Turnover: 0.28 (As of Jun. 2026)

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NSE:DWARKESH Dwarikesh Sugar Industries Ltd NSE:DWARKESH
73 GF Score
Price ₹42.95
GF Value ₹53.68
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Dwarikesh Sugar Industries Asset Turnover?

Dwarikesh Sugar Industries NSE:DWARKESH +0.30% 73 Asset Turnover is 0.28 as of Jun. 2026. GuruFocus rates NSE:DWARKESH with a GF Score™ of 73/100 and a GF Value™ of ₹53.68 (Modestly Undervalued). The stock has 8 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. Dwarikesh Sugar Industries's Revenue for the three months ended in Jun. 2026 was ₹3,581 Mil. Dwarikesh Sugar Industries's Total Assets for the quarter that ended in Jun. 2026 was ₹12,977 Mil. Therefore, Dwarikesh Sugar Industries's Asset Turnover for the quarter that ended in Jun. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Dwarikesh Sugar Industries's annualized ROE % for the quarter that ended in Jun. 2026 was -12.42%. It is also linked to ROA % through Du Pont Formula. Dwarikesh Sugar Industries's annualized ROA % for the quarter that ended in Jun. 2026 was -7.93%.


Dwarikesh Sugar Industries  (NSE:DWARKESH) Asset Turnover Explanation

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

Dwarikesh Sugar Industries's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-1029.252/8287.14
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1029.252 / 14325.256)*(14325.256 / 12977.072)*(12977.072/ 8287.14)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.18 %*1.1039*1.5659
=ROA %*Equity Multiplier
=-7.93 %*1.5659
=-12.42 %

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

Dwarikesh Sugar Industries's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=-1029.252/12977.072
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1029.252 / 14325.256)*(14325.256 / 12977.072)
=Net Margin %*Asset Turnover
=-7.18 %*1.1039
=-7.93 %

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


Dwarikesh Sugar Industries Asset Turnover Related Terms


Dwarikesh Sugar Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dwarikesh Sugar 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.

Dwarikesh Sugar Industries Asset Turnover Chart

Dwarikesh Sugar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.55 1.27 0.94 1.02

Dwarikesh Sugar Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.28 0.24 0.32 0.33 0.28

NSE:DWARKESH vs MDLZ, HSY, TR: Asset Turnover Comparison

For the Confectioners subindustry, Dwarikesh Sugar 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.


Dwarikesh Sugar Industries Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Asset Turnover distribution charts can be found below:

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


NSE:DWARKESH
73GF Score
Dwarikesh Sugar Industries Ltd NSE:DWARKESH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dwarikesh Sugar Industries Asset Turnover Calculation

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

Dwarikesh Sugar Industries'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 )
=14019.392/( (14628.656+12977.072)/ 2 )
=14019.392/13802.864
=1.02

Dwarikesh Sugar Industries's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=3581.314/( (12977.072+0)/ 1 )
=3581.314/12977.072
=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?
Dwarikesh Sugar Industries (NSE:DWARKESH) has a Asset Turnover of 0.28 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dwarikesh Sugar Industries and its competitors.
Is Dwarikesh Sugar Industries' Asset Turnover too high?
Dwarikesh Sugar Industries' current Asset Turnover is 0.28. Overall, Dwarikesh Sugar Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dwarikesh Sugar Industries' Asset Turnover compare to MDLZ and HSY?
Dwarikesh Sugar Industries' Asset Turnover of 0.28 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Dwarikesh Sugar Industries and its competitors. Dwarikesh Sugar Industries'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 Dwarikesh Sugar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dwarikesh Sugar Industries (NSE:DWARKESH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹53.68, compared to a current price of ₹42.95 — trading 20% below its estimated fair value. The current Asset Turnover is 0.28. Dwarikesh Sugar Industries' overall GF Score™ is 73/100 with 8 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 Dwarikesh Sugar Industries (NSE:DWARKESH), the current Asset Turnover is 0.28 as of Jun. 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 Dwarikesh Sugar Industries (NSE:DWARKESH) Overvalued in 2026?

Based on GuruFocus' analysis, Dwarikesh Sugar Industries stock appears to be undervalued. The current stock price of ₹42.95 is trading 20% below its estimated GF Value™ of ₹53.68. GuruFocus considers Dwarikesh Sugar Industries to be Modestly Undervalued.

Key valuation signals for NSE:DWARKESH:

  • Asset Turnover: 0.28
  • GF Value™: ₹53.68 vs. price of ₹42.95 (20% below fair value)
  • GF Score™: 73/100 with 8 warning signs

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


Dwarikesh Sugar Industries Business Description

Other Exchanges 532610:India
Address 511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar and allied products. The business activity of the group functions through Sugar & Co-generation, which derives key revenue, and the Distillery segments. The company's product portfolio includes sugar, ethanol, power, and sanitizers. Geographically, it derives a majority of its revenue from India.
73GF Score

Get the complete analysis for NSE:DWARKESH

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

₹42.95
Price
₹53.68
GF Value