Giriraj Civil Developers (NSE:GIRIRAJ) Asset Turnover: 0.65 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:GIRIRAJ Giriraj Civil Developers Ltd NSE:GIRIRAJ
79 GF Score
Price ₹74.65
GF Value ₹378.90
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Giriraj Civil Developers Asset Turnover?

Giriraj Civil Developers NSE:GIRIRAJ -4.96% 79 Asset Turnover is 0.65 as of Mar. 2026. GuruFocus rates NSE:GIRIRAJ with a GF Score™ of 79/100 and a GF Value™ of ₹378.90 (Possible Value Trap). The stock has 4 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. Giriraj Civil Developers's Revenue for the six months ended in Mar. 2026 was ₹1,682 Mil. Giriraj Civil Developers's Total Assets for the quarter that ended in Mar. 2026 was ₹2,572 Mil. Therefore, Giriraj Civil Developers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.65.

Asset Turnover is linked to ROE % through Du Pont Formula. Giriraj Civil Developers's annualized ROE % for the quarter that ended in Mar. 2026 was 11.94%. It is also linked to ROA % through Du Pont Formula. Giriraj Civil Developers's annualized ROA % for the quarter that ended in Mar. 2026 was 6.59%.


Giriraj Civil Developers  (NSE:GIRIRAJ) Asset Turnover Explanation

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

Giriraj Civil Developers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=169.566/1419.7905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(169.566 / 3364.05)*(3364.05 / 2571.8095)*(2571.8095/ 1419.7905)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.04 %*1.308*1.8114
=ROA %*Equity Multiplier
=6.59 %*1.8114
=11.94 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Giriraj Civil Developers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=169.566/2571.8095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(169.566 / 3364.05)*(3364.05 / 2571.8095)
=Net Margin %*Asset Turnover
=5.04 %*1.308
=6.59 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Giriraj Civil Developers Asset Turnover Related Terms


Giriraj Civil Developers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Giriraj Civil Developers'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.

Giriraj Civil Developers Asset Turnover Chart

Giriraj Civil Developers 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 1.04 1.29 1.20 1.30 1.11

Giriraj Civil Developers Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.74 0.38 0.85 0.50 0.65

NSE:GIRIRAJ vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Giriraj Civil Developers'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.


Giriraj Civil Developers Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Giriraj Civil Developers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Giriraj Civil Developers's Asset Turnover falls into.


NSE:GIRIRAJ
79GF Score
Giriraj Civil Developers Ltd NSE:GIRIRAJ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Giriraj Civil Developers Asset Turnover Calculation

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

Giriraj Civil Developers'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 )
=3089.752/( (3041.375+2507.882)/ 2 )
=3089.752/2774.6285
=1.11

Giriraj Civil Developers'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1682.025/( (2635.737+2507.882)/ 2 )
=1682.025/2571.8095
=0.65

* 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 0.65 mean?
Giriraj Civil Developers (NSE:GIRIRAJ) has a Asset Turnover of 0.65 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Giriraj Civil Developers and its competitors.
Is Giriraj Civil Developers' Asset Turnover too high?
Giriraj Civil Developers' current Asset Turnover is 0.65. Overall, Giriraj Civil Developers has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Giriraj Civil Developers' Asset Turnover compare to PWR and FIX?
Giriraj Civil Developers' Asset Turnover of 0.65 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Giriraj Civil Developers and its competitors. Giriraj Civil Developers's current Asset Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giriraj Civil Developers stock overvalued right now?
Based on GuruFocus' analysis, Giriraj Civil Developers (NSE:GIRIRAJ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹378.90, compared to a current price of ₹74.65 — trading 80.3% below its estimated fair value. The current Asset Turnover is 0.65. Giriraj Civil Developers' overall GF Score™ is 79/100 with 4 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 Giriraj Civil Developers (NSE:GIRIRAJ), the current Asset Turnover is 0.65 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 Giriraj Civil Developers (NSE:GIRIRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Giriraj Civil Developers stock appears to be undervalued. The current stock price of ₹74.65 is trading 80.3% below its estimated GF Value™ of ₹378.90. GuruFocus considers Giriraj Civil Developers to be Possible Value Trap.

Key valuation signals for NSE:GIRIRAJ:

  • Asset Turnover: 0.65
  • GF Value™: ₹378.90 vs. price of ₹74.65 (80.3% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Giriraj Civil Developers Business Description

Address Ramdas Sutrale Marg, Off Chandavarkar Lane, 2nd Floor, Nine Square, Borivali West, Mumbai, MH, IND, 400092
Giriraj Civil Developers Ltd is an Indian company that provides infrastructure and construction services. It executes contract work for government, semi-government, corporate, and private organizations. The services offered by the group are for RCC roads, Bridges, foot-over bridges, Buildings, Earthworks, Road over bridges, and Other civil engineering works. The company has one segment: civil contractors.
79GF Score

Get the complete analysis for NSE:GIRIRAJ

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

₹74.65
Price
₹378.90
GF Value