Emami Paper Mills (NSE:EMAMIPAP) Asset Turnover: 0.27 (As of Mar. 2026)


NSE:EMAMIPAP Emami Paper Mills Ltd NSE:EMAMIPAP
50 GF Score
Price ₹87.22
GF Value ₹96.62
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Emami Paper Mills Asset Turnover?

Emami Paper Mills NSE:EMAMIPAP +1.68% 50 Asset Turnover is 0.27 as of Mar. 2026. GuruFocus rates NSE:EMAMIPAP with a GF Score™ of 50/100 and a GF Value™ of ₹96.62 (Modestly Undervalued). The stock has 6 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. Emami Paper Mills's Revenue for the three months ended in Mar. 2026 was ₹4,964 Mil. Emami Paper Mills's Total Assets for the quarter that ended in Mar. 2026 was ₹18,225 Mil. Therefore, Emami Paper Mills's Asset Turnover for the quarter that ended in Mar. 2026 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Emami Paper Mills's annualized ROE % for the quarter that ended in Mar. 2026 was 21.90%. It is also linked to ROA % through Du Pont Formula. Emami Paper Mills's annualized ROA % for the quarter that ended in Mar. 2026 was 6.91%.


Emami Paper Mills  (NSE:EMAMIPAP) Asset Turnover Explanation

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

Emami Paper Mills's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1260/5753.1
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1260 / 19856.4)*(19856.4 / 18224.8)*(18224.8/ 5753.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.35 %*1.0895*3.1678
=ROA %*Equity Multiplier
=6.91 %*3.1678
=21.90 %

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:

Emami Paper Mills's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1260/18224.8
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1260 / 19856.4)*(19856.4 / 18224.8)
=Net Margin %*Asset Turnover
=6.35 %*1.0895
=6.91 %

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.


Emami Paper Mills Asset Turnover Related Terms


Emami Paper Mills Asset Turnover Historical Data

* Premium members only.

The historical data trend for Emami Paper Mills'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.

Emami Paper Mills Asset Turnover Chart

Emami Paper Mills 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 1.09 1.26 1.08 1.09 1.05

Emami Paper Mills Quarterly Data
Jun21 Sep21 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 0.26 0.25 0.24 0.27 0.27

Emami Paper Mills Asset Turnover Competitor Comparison

For the Paper & Paper Products subindustry, Emami Paper Mills'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.


Emami Paper Mills Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Emami Paper Mills's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emami Paper Mills's Asset Turnover falls into.


NSE:EMAMIPAP
50GF Score
Emami Paper Mills Ltd NSE:EMAMIPAP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Emami Paper Mills Asset Turnover Calculation

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

Emami Paper Mills'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 )
=19072.3/( (18171.4+18224.8)/ 2 )
=19072.3/18198.1
=1.05

Emami Paper Mills'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 )
=4964.1/( (0+18224.8)/ 1 )
=4964.1/18224.8
=0.27

* 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 0.27 mean?
Emami Paper Mills (NSE:EMAMIPAP) has a Asset Turnover of 0.27 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Emami Paper Mills and its competitors.
Is Emami Paper Mills' Asset Turnover too high?
Emami Paper Mills' current Asset Turnover is 0.27. Overall, Emami Paper Mills has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emami Paper Mills' Asset Turnover compare to competitors?
Emami Paper Mills' Asset Turnover of 0.27 can be compared against companies in the Forest 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 a Forest Products company?
A good Asset Turnover depends on the Forest 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 Emami Paper Mills and its competitors. Emami Paper Mills's current Asset Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emami Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Emami Paper Mills (NSE:EMAMIPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹96.62, compared to a current price of ₹87.22 — trading 9.7% below its estimated fair value. The current Asset Turnover is 0.27. Emami Paper Mills' overall GF Score™ is 50/100 with 6 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 Emami Paper Mills (NSE:EMAMIPAP), the current Asset Turnover is 0.27 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 Emami Paper Mills (NSE:EMAMIPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Emami Paper Mills stock appears to be undervalued. The current stock price of ₹87.22 is trading 9.7% below its estimated GF Value™ of ₹96.62. GuruFocus considers Emami Paper Mills to be Modestly Undervalued.

Key valuation signals for NSE:EMAMIPAP:

  • Asset Turnover: 0.27
  • GF Value™: ₹96.62 vs. price of ₹87.22 (9.7% below fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Emami Paper Mills Business Description

Other Exchanges 533208:India
Address 687, Anandapur, 1st Floor, E.M. Bypass, Kolkata, WB, IND, 700107
Emami Paper Mills Ltd is engaged in the manufacturing of paper and paper products. It offers various papers and paper products including newsprint, writing and printing paper, and multilayer-coated board used in pharmaceuticals, healthcare, fast-moving consumer goods, consumer durable goods, and food product industries. The company derives revenue from the sale of paper and paperboard.
50GF Score

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

₹87.22
Price
₹96.62
GF Value