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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ishan International's Revenue for the
six
months ended in Mar. 2026 was ₹135.0 Mil. Ishan International's Total Assets for the quarter that ended in Mar. 2026 was ₹425.3 Mil. Therefore, Ishan International's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.
Asset Turnover is linked to ROE % through Du Pont Formula. Ishan International's annualizedROE % for the quarter that ended in Mar. 2026 was 2.69%. It is also linked to ROA % through Du Pont Formula. Ishan International's annualizedROA % for the quarter that ended in Mar. 2026 was 1.44%.
Ishan International (NSE:ISHAN) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Ishan International's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Ishan International's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Ishan International Asset Turnover Related Terms
Ishan International Asset Turnover Historical Data
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The historical data trend for Ishan International'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.
NSE:ISHAN vs CAT, DE, PCAR: Asset Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.
Ishan International Asset Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Ishan International's Asset Turnover falls into.
* 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.
Ishan International (NSE:ISHAN) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ishan International and its competitors.
Is Ishan International's Asset Turnover too high?
Ishan International's current Asset Turnover is 0.32. Overall, Ishan International has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Asset Turnover compare to CAT and DE?
Ishan International's Asset Turnover of 0.32 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Ishan International and its competitors. Ishan International's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Fairly Valued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.45 — trading right at its estimated fair value. The current Asset Turnover is 0.32. Ishan International's overall GF Score™ is 40/100 with 8 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 Ishan International (NSE:ISHAN), the current Asset Turnover is 0.32 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 Ishan International (NSE:ISHAN) Overvalued in 2026?
Based on GuruFocus' analysis, Ishan International stock appears to be undervalued.
The current stock price of ₹0.45 is trading 0% below its estimated GF Value™ of ₹0.45.
GuruFocus considers Ishan International to be Fairly Valued.
Key valuation signals for NSE:ISHAN:
Asset Turnover: 0.32
GF Value™: ₹0.45 vs. price of ₹0.45 (0% below fair value)
No single metric tells the full story. See the NSE:ISHAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
40GF Score
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