Greaves Cotton (NSE:GREAVESCOT) Asset Turnover: 0.35 (As of Mar. 2026)


NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
79 GF Score
Price ₹221.95
GF Value ₹211.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Greaves Cotton Asset Turnover?

Greaves Cotton NSE:GREAVESCOT -0.99% 79 Asset Turnover is 0.35 as of Mar. 2026. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 79/100 and a GF Value™ of ₹211.54 (Fairly Valued). The stock has 5 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. Greaves Cotton's Revenue for the three months ended in Mar. 2026 was ₹10,003 Mil. Greaves Cotton's Total Assets for the quarter that ended in Mar. 2026 was ₹28,938 Mil. Therefore, Greaves Cotton's Asset Turnover for the quarter that ended in Mar. 2026 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Greaves Cotton's annualized ROE % for the quarter that ended in Mar. 2026 was 6.30%. It is also linked to ROA % through Du Pont Formula. Greaves Cotton's annualized ROA % for the quarter that ended in Mar. 2026 was 3.12%.


Greaves Cotton  (NSE:GREAVESCOT) Asset Turnover Explanation

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

Greaves Cotton's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=901.6/14307.2
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(901.6 / 40010)*(40010 / 28938)*(28938/ 14307.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.25 %*1.3826*2.0226
=ROA %*Equity Multiplier
=3.12 %*2.0226
=6.30 %

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:

Greaves Cotton's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=901.6/28938
=(Net Income / Revenue)*(Revenue / Total Assets)
=(901.6 / 40010)*(40010 / 28938)
=Net Margin %*Asset Turnover
=2.25 %*1.3826
=3.12 %

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.


Greaves Cotton Asset Turnover Related Terms


Greaves Cotton Asset Turnover Historical Data

* Premium members only.

The historical data trend for Greaves Cotton'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.

Greaves Cotton Asset Turnover Chart

Greaves Cotton 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 1.16 1.22 1.00 1.16 1.26

Greaves Cotton 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 0.32 0.29 0.32 0.35 0.35

NSE:GREAVESCOT vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Greaves Cotton's Asset Turnover falls into.


NSE:GREAVESCOT
79GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Greaves Cotton Asset Turnover Calculation

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

Greaves Cotton'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 )
=34366.2/( (25516.1+28938)/ 2 )
=34366.2/27227.05
=1.26

Greaves Cotton'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 )
=10002.5/( (0+28938)/ 1 )
=10002.5/28938
=0.35

* 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 0.35 mean?
Greaves Cotton (NSE:GREAVESCOT) has a Asset Turnover of 0.35 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Greaves Cotton and its competitors.
Is Greaves Cotton's Asset Turnover too high?
Greaves Cotton's current Asset Turnover is 0.35. Overall, Greaves Cotton has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Asset Turnover compare to GEV and ETN?
Greaves Cotton's Asset Turnover of 0.35 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 Greaves Cotton and its competitors. Greaves Cotton's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.54, compared to a current price of ₹221.95 — trading 4.9% above its estimated fair value. The current Asset Turnover is 0.35. Greaves Cotton's overall GF Score™ is 79/100 with 5 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 Greaves Cotton (NSE:GREAVESCOT), the current Asset Turnover is 0.35 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be overvalued. The current stock price of ₹221.95 is trading 4.9% above its estimated GF Value™ of ₹211.54. GuruFocus considers Greaves Cotton to be Fairly Valued.

Key valuation signals for NSE:GREAVESCOT:

  • Asset Turnover: 0.35
  • GF Value™: ₹211.54 vs. price of ₹221.95 (4.9% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
79GF Score

Get the complete analysis for NSE:GREAVESCOT

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

₹221.95
Price
₹211.54
GF Value