Indian Emulsifiers (NSE:IEML) Asset Turnover: 0.44 (As of Mar. 2026)


NSE:IEML Indian Emulsifiers Ltd NSE:IEML
17 GF Score
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What is Indian Emulsifiers Asset Turnover?

Indian Emulsifiers NSE:IEML -4.85% 17 Asset Turnover is 0.44 as of Mar. 2026. GuruFocus rates NSE:IEML with a GF Score™ of 17/100. 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. Indian Emulsifiers's Revenue for the six months ended in Mar. 2026 was ₹829 Mil. Indian Emulsifiers's Total Assets for the quarter that ended in Mar. 2026 was ₹1,895 Mil. Therefore, Indian Emulsifiers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Indian Emulsifiers's annualized ROE % for the quarter that ended in Mar. 2026 was 9.92%. It is also linked to ROA % through Du Pont Formula. Indian Emulsifiers's annualized ROA % for the quarter that ended in Mar. 2026 was 6.26%.


Indian Emulsifiers  (NSE:IEML) Asset Turnover Explanation

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

Indian Emulsifiers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=118.666/1196.7695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(118.666 / 1657.772)*(1657.772 / 1895.207)*(1895.207/ 1196.7695)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.16 %*0.8747*1.5836
=ROA %*Equity Multiplier
=6.26 %*1.5836
=9.92 %

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:

Indian Emulsifiers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=118.666/1895.207
=(Net Income / Revenue)*(Revenue / Total Assets)
=(118.666 / 1657.772)*(1657.772 / 1895.207)
=Net Margin %*Asset Turnover
=7.16 %*0.8747
=6.26 %

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.


Indian Emulsifiers Asset Turnover Related Terms


Indian Emulsifiers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Indian Emulsifiers'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.

Indian Emulsifiers Asset Turnover Chart

Indian Emulsifiers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.79 1.54 1.36 1.12 0.91

Indian Emulsifiers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.49 0.58 0.43 0.59 0.44

NSE:IEML vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Indian Emulsifiers'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.


Indian Emulsifiers Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indian Emulsifiers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Indian Emulsifiers's Asset Turnover falls into.


NSE:IEML
17GF Score
Indian Emulsifiers Ltd NSE:IEML
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Emulsifiers Asset Turnover Calculation

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

Indian Emulsifiers'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 )
=1598.69/( (1174.052+2352.652)/ 2 )
=1598.69/1763.352
=0.91

Indian Emulsifiers'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 )
=828.886/( (1437.762+2352.652)/ 2 )
=828.886/1895.207
=0.44

* 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 0.44 mean?
Indian Emulsifiers (NSE:IEML) has a Asset Turnover of 0.44 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Indian Emulsifiers and its competitors.
Is Indian Emulsifiers' Asset Turnover too high?
Indian Emulsifiers' current Asset Turnover is 0.44. Overall, Indian Emulsifiers has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indian Emulsifiers' Asset Turnover compare to LIN and SHW?
Indian Emulsifiers' Asset Turnover of 0.44 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Indian Emulsifiers and its competitors. Indian Emulsifiers's current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Emulsifiers stock overvalued right now?
Indian Emulsifiers (NSE:IEML) has a current Asset Turnover of 0.44. The current Asset Turnover is 0.44. Indian Emulsifiers' overall GF Score™ is 17/100 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 Indian Emulsifiers (NSE:IEML), the current Asset Turnover is 0.44 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.

Indian Emulsifiers Business Description

Address Shivram Seth Amrutwar Road, Off Pandurang Budhwar Marg, Shop 206, Foor-2, Sumer Kendra, Near Doordarshan Kendra, Worli, Mumbai, MH, IND, 400018
Indian Emulsifiers Ltd is engaged in Manufacturing and Supplying of Specialty Chemicals. Its product include Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The company serves specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, Metal Working, Lubricants, Food and Other Industries.
17GF Score

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

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