Inox Wind (NSE:INOXWIND) Asset Turnover: 0.10 (As of Mar. 2026)


NSE:INOXWIND Inox Wind Ltd NSE:INOXWIND
65 GF Score
Price ₹86.14
GF Value ₹275.90
Valuation Possible Value Trap
! 2 Warning Signs
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What is Inox Wind Asset Turnover?

Inox Wind NSE:INOXWIND -0.93% 65 Asset Turnover is 0.10 as of Mar. 2026. GuruFocus rates NSE:INOXWIND with a GF Score™ of 65/100 and a GF Value™ of ₹275.90 (Possible Value Trap). The stock has 2 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. Inox Wind's Revenue for the three months ended in Mar. 2026 was ₹12,442 Mil. Inox Wind's Total Assets for the quarter that ended in Mar. 2026 was ₹120,678 Mil. Therefore, Inox Wind's Asset Turnover for the quarter that ended in Mar. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Inox Wind's annualized ROE % for the quarter that ended in Mar. 2026 was 5.72%. It is also linked to ROA % through Du Pont Formula. Inox Wind's annualized ROA % for the quarter that ended in Mar. 2026 was 3.02%.


Inox Wind  (NSE:INOXWIND) Asset Turnover Explanation

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

Inox Wind's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3650/63820.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3650 / 49769.6)*(49769.6 / 120677.6)*(120677.6/ 63820.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.33 %*0.4124*1.8909
=ROA %*Equity Multiplier
=3.02 %*1.8909
=5.72 %

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:

Inox Wind's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=3650/120677.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3650 / 49769.6)*(49769.6 / 120677.6)
=Net Margin %*Asset Turnover
=7.33 %*0.4124
=3.02 %

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.


Inox Wind Asset Turnover Related Terms


Inox Wind Asset Turnover Historical Data

* Premium members only.

The historical data trend for Inox Wind'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.

Inox Wind Asset Turnover Chart

Inox Wind 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 0.11 0.12 0.26 0.46 0.42

Inox Wind 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 0.15 0.09 0.11 0.12 0.10

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

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Inox Wind's Asset Turnover falls into.


NSE:INOXWIND
65GF Score
Inox Wind Ltd NSE:INOXWIND
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Inox Wind Asset Turnover Calculation

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

Inox Wind'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 )
=43971.2/( (87950.932+120677.6)/ 2 )
=43971.2/104314.266
=0.42

Inox Wind'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 )
=12442.4/( (0+120677.6)/ 1 )
=12442.4/120677.6
=0.10

* 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 0.10 mean?
Inox Wind (NSE:INOXWIND) has a Asset Turnover of 0.10 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Inox Wind and its competitors.
Is Inox Wind's Asset Turnover too high?
Inox Wind's current Asset Turnover is 0.10. Overall, Inox Wind has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's Asset Turnover compare to GEV and ETN?
Inox Wind's Asset Turnover of 0.10 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 Inox Wind and its competitors. Inox Wind's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹275.90, compared to a current price of ₹86.14 — trading 68.8% below its estimated fair value. The current Asset Turnover is 0.10. Inox Wind's overall GF Score™ is 65/100 with 2 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 Inox Wind (NSE:INOXWIND), the current Asset Turnover is 0.10 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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued. The current stock price of ₹86.14 is trading 68.8% below its estimated GF Value™ of ₹275.90. GuruFocus considers Inox Wind to be Possible Value Trap.

Key valuation signals for NSE:INOXWIND:

  • Asset Turnover: 0.10
  • GF Value™: ₹275.90 vs. price of ₹86.14 (68.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Inox Wind Business Description

Other Exchanges 539083:India
Address Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
65GF Score

Get the complete analysis for NSE:INOXWIND

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

₹86.14
Price
₹275.90
GF Value