Jindal Worldwide (NSE:JINDWORLD) Asset Turnover: 0.39 (As of Mar. 2026)


NSE:JINDWORLD Jindal Worldwide Ltd NSE:JINDWORLD
61 GF Score
Price ₹29.53
GF Value ₹76.22
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Jindal Worldwide Asset Turnover?

Jindal Worldwide NSE:JINDWORLD -1.04% 61 Asset Turnover is 0.39 as of Mar. 2026. GuruFocus rates NSE:JINDWORLD with a GF Score™ of 61/100 and a GF Value™ of ₹76.22 (Significantly Undervalued). 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. Jindal Worldwide's Revenue for the three months ended in Mar. 2026 was ₹6,402 Mil. Jindal Worldwide's Total Assets for the quarter that ended in Mar. 2026 was ₹16,592 Mil. Therefore, Jindal Worldwide's Asset Turnover for the quarter that ended in Mar. 2026 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Jindal Worldwide's annualized ROE % for the quarter that ended in Mar. 2026 was 12.15%. It is also linked to ROA % through Du Pont Formula. Jindal Worldwide's annualized ROA % for the quarter that ended in Mar. 2026 was 6.30%.


Jindal Worldwide  (NSE:JINDWORLD) Asset Turnover Explanation

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

Jindal Worldwide's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1045.324/8603.891
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1045.324 / 25607.22)*(25607.22 / 16591.526)*(16591.526/ 8603.891)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.08 %*1.5434*1.9284
=ROA %*Equity Multiplier
=6.30 %*1.9284
=12.15 %

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:

Jindal Worldwide's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1045.324/16591.526
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1045.324 / 25607.22)*(25607.22 / 16591.526)
=Net Margin %*Asset Turnover
=4.08 %*1.5434
=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.


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.


Jindal Worldwide Asset Turnover Related Terms


Jindal Worldwide Asset Turnover Historical Data

* Premium members only.

The historical data trend for Jindal Worldwide'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.

Jindal Worldwide Asset Turnover Chart

Jindal Worldwide 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 2.25 1.40 1.06 1.29 1.32

Jindal Worldwide 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 0.34 0.30 0.36 0.34 0.39

Jindal Worldwide Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Jindal Worldwide'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.


Jindal Worldwide Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jindal Worldwide's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jindal Worldwide's Asset Turnover falls into.


NSE:JINDWORLD
61GF Score
Jindal Worldwide Ltd NSE:JINDWORLD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jindal Worldwide Asset Turnover Calculation

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

Jindal Worldwide'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 )
=22855.394/( (17960.874+16591.526)/ 2 )
=22855.394/17276.2
=1.32

Jindal Worldwide'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 )
=6401.805/( (0+16591.526)/ 1 )
=6401.805/16591.526
=0.39

* 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 0.39 mean?
Jindal Worldwide (NSE:JINDWORLD) has a Asset Turnover of 0.39 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jindal Worldwide and its competitors.
Is Jindal Worldwide's Asset Turnover too high?
Jindal Worldwide's current Asset Turnover is 0.39. Overall, Jindal Worldwide has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Worldwide's Asset Turnover compare to competitors?
Jindal Worldwide's Asset Turnover of 0.39 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Jindal Worldwide and its competitors. Jindal Worldwide's current Asset Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Jindal Worldwide (NSE:JINDWORLD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹76.22, compared to a current price of ₹29.53 — trading 61.3% below its estimated fair value. The current Asset Turnover is 0.39. Jindal Worldwide's overall GF Score™ is 61/100 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 Jindal Worldwide (NSE:JINDWORLD), the current Asset Turnover is 0.39 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 Jindal Worldwide (NSE:JINDWORLD) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Worldwide stock appears to be undervalued. The current stock price of ₹29.53 is trading 61.3% below its estimated GF Value™ of ₹76.22. GuruFocus considers Jindal Worldwide to be Significantly Undervalued.

Key valuation signals for NSE:JINDWORLD:

  • Asset Turnover: 0.39
  • GF Value™: ₹76.22 vs. price of ₹29.53 (61.3% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Jindal Worldwide Business Description

Other Exchanges 531543:India
Address Shivranjani, Shyamal, 132 Ft Ring Road, I.O.C. Petrol Pump Lane, Jindal Corporate House, Opposite D-Mart, Satellite, Ahmedabad, GJ, IND, 380015
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.
61GF Score

Get the complete analysis for NSE:JINDWORLD

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

₹29.53
Price
₹76.22
GF Value