Kothari Industrial (NSE:KOTIC) Asset Turnover: 0.13 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:KOTIC Kothari Industrial Corp Ltd NSE:KOTIC
33 GF Score
Price ₹144.80
! 3 Warning Signs
View Full Analysis

What is Kothari Industrial Asset Turnover?

Kothari Industrial NSE:KOTIC 33 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates NSE:KOTIC with a GF Score™ of 33/100. The stock has 3 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. Kothari Industrial's Revenue for the three months ended in Mar. 2026 was ₹445 Mil. Kothari Industrial's Total Assets for the quarter that ended in Mar. 2026 was ₹3,402 Mil. Therefore, Kothari Industrial's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Kothari Industrial's annualized ROE % for the quarter that ended in Mar. 2026 was -46.96%. It is also linked to ROA % through Du Pont Formula. Kothari Industrial's annualized ROA % for the quarter that ended in Mar. 2026 was -37.60%.


Kothari Industrial  (NSE:KOTIC) Asset Turnover Explanation

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

Kothari Industrial's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1279/2723.395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1279 / 1780.612)*(1780.612 / 3401.832)*(3401.832/ 2723.395)
=Net Margin %*Asset Turnover*Equity Multiplier
=-71.83 %*0.5234*1.2491
=ROA %*Equity Multiplier
=-37.60 %*1.2491
=-46.96 %

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:

Kothari Industrial's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-1279/3401.832
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1279 / 1780.612)*(1780.612 / 3401.832)
=Net Margin %*Asset Turnover
=-71.83 %*0.5234
=-37.60 %

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.


Kothari Industrial Asset Turnover Related Terms


Kothari Industrial Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kothari Industrial'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.

Kothari Industrial Asset Turnover Chart

Kothari Industrial 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 0.16 0.20 0.25 0.68 0.66

Kothari Industrial 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 0.43 0.20 0.16 0.16 0.13

NSE:KOTIC vs : Asset Turnover Comparison

For the Agricultural Inputs subindustry, Kothari Industrial'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.


Kothari Industrial Asset Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kothari Industrial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kothari Industrial's Asset Turnover falls into.


NSE:KOTIC
33GF Score
Kothari Industrial Corp Ltd NSE:KOTIC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kothari Industrial Asset Turnover Calculation

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

Kothari Industrial'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 )
=1783.036/( (1999.954+3401.832)/ 2 )
=1783.036/2700.893
=0.66

Kothari Industrial'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 )
=445.153/( (0+3401.832)/ 1 )
=445.153/3401.832
=0.13

* 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 0.13 mean?
Kothari Industrial (NSE:KOTIC) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kothari Industrial and its competitors.
Is Kothari Industrial's Asset Turnover too high?
Kothari Industrial's current Asset Turnover is 0.13. Overall, Kothari Industrial has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Kothari Industrial's Asset Turnover compare to ?
Kothari Industrial's Asset Turnover of 0.13 can be compared against companies in the Agriculture 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 Agriculture company?
A good Asset Turnover depends on the Agriculture 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 Kothari Industrial and its competitors. Kothari Industrial's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kothari Industrial stock overvalued right now?
Kothari Industrial (NSE:KOTIC) has a current Asset Turnover of 0.13. The current Asset Turnover is 0.13. Kothari Industrial's overall GF Score™ is 33/100 with 3 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 Kothari Industrial (NSE:KOTIC), the current Asset Turnover is 0.13 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.

Kothari Industrial Business Description

Comparable Companies
Other Exchanges 509732:India
Address 114/117, Kothari Buildings, 4th Floor, Mahatma Gandhi Salai, Nungambakkam, Chennai, TN, IND, 600034
Kothari Industrial Corp Ltd is an India based company. It is engaged in the core business of manufacturing and trading of fertilizers. Its product portfolio consists of fertilizers, agro products, water soluble fertilizers, bio and micro products, agro-chemicals, and organic fertilizers. The company's segments are Fertilizers, Drone, FMCG, Hotel, and Leather. The Leather segment generates maximum revenue for the company. Geographically, it operates in India as well as Outside India.
33GF Score

Get the complete analysis for NSE:KOTIC

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

₹144.80
Price