MCON Rasayan India (NSE:MCON) Asset Turnover: 0.50 (As of Mar. 2026)


NSE:MCON MCON Rasayan India Ltd NSE:MCON
68 GF Score
Price ₹43.30
GF Value ₹181.83
Valuation Significantly Undervalued
! 5 Warning Signs
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What is MCON Rasayan India Asset Turnover?

MCON Rasayan India NSE:MCON -2.70% 68 Asset Turnover is 0.50 as of Mar. 2026. GuruFocus rates NSE:MCON with a GF Score™ of 68/100 and a GF Value™ of ₹181.83 (Significantly Undervalued). The stock has 5 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. MCON Rasayan India's Revenue for the six months ended in Mar. 2026 was ₹368.6 Mil. MCON Rasayan India's Total Assets for the quarter that ended in Mar. 2026 was ₹736.7 Mil. Therefore, MCON Rasayan India's Asset Turnover for the quarter that ended in Mar. 2026 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. MCON Rasayan India's annualized ROE % for the quarter that ended in Mar. 2026 was 10.17%. It is also linked to ROA % through Du Pont Formula. MCON Rasayan India's annualized ROA % for the quarter that ended in Mar. 2026 was 4.88%.


MCON Rasayan India  (NSE:MCON) Asset Turnover Explanation

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

MCON Rasayan India's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=35.922/353.362
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.922 / 737.228)*(737.228 / 736.6665)*(736.6665/ 353.362)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.87 %*1.0008*2.0847
=ROA %*Equity Multiplier
=4.88 %*2.0847
=10.17 %

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:

MCON Rasayan India's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=35.922/736.6665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.922 / 737.228)*(737.228 / 736.6665)
=Net Margin %*Asset Turnover
=4.87 %*1.0008
=4.88 %

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.


MCON Rasayan India Asset Turnover Related Terms


MCON Rasayan India Asset Turnover Historical Data

* Premium members only.

The historical data trend for MCON Rasayan India'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.

MCON Rasayan India Asset Turnover Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.69 1.39 1.11 0.87 0.88

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.62 0.47 0.41 0.40 0.50

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

For the Specialty Chemicals subindustry, MCON Rasayan India'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.


MCON Rasayan India Asset Turnover vs Chemicals Industry

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

* The bar in red indicates where MCON Rasayan India's Asset Turnover falls into.


NSE:MCON
68GF Score
MCON Rasayan India Ltd NSE:MCON
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MCON Rasayan India Asset Turnover Calculation

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

MCON Rasayan India'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 )
=652.416/( (708.993+767.236)/ 2 )
=652.416/738.1145
=0.88

MCON Rasayan India'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 )
=368.614/( (706.097+767.236)/ 2 )
=368.614/736.6665
=0.50

* 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 0.50 mean?
MCON Rasayan India (NSE:MCON) has a Asset Turnover of 0.50 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MCON Rasayan India and its competitors.
Is MCON Rasayan India's Asset Turnover too high?
MCON Rasayan India's current Asset Turnover is 0.50. Overall, MCON Rasayan India has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MCON Rasayan India's Asset Turnover compare to LIN and SHW?
MCON Rasayan India's Asset Turnover of 0.50 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 MCON Rasayan India and its competitors. MCON Rasayan India's current Asset Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCON Rasayan India stock overvalued right now?
Based on GuruFocus' analysis, MCON Rasayan India (NSE:MCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹181.83, compared to a current price of ₹43.30 — trading 76.2% below its estimated fair value. The current Asset Turnover is 0.50. MCON Rasayan India's overall GF Score™ is 68/100 with 5 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 MCON Rasayan India (NSE:MCON), the current Asset Turnover is 0.50 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 MCON Rasayan India (NSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, MCON Rasayan India stock appears to be undervalued. The current stock price of ₹43.30 is trading 76.2% below its estimated GF Value™ of ₹181.83. GuruFocus considers MCON Rasayan India to be Significantly Undervalued.

Key valuation signals for NSE:MCON:

  • Asset Turnover: 0.50
  • GF Value™: ₹181.83 vs. price of ₹43.30 (76.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


MCON Rasayan India Business Description

Address Bandiwali Hill Road, Gala No. 6, Bardanwala Estate, Near Dutt Mandir, Jogeshwari West, Mumbai, MH, IND, 400102
MCON Rasayan India Ltd is engaged mainly in the business of manufacturing and selling modern building materials and construction chemicals. Its product offerings include waterproofing chemicals, wall finishes and paints (acrylic putty, distemper, emulsion, etc.), tile adhesives and grout, sealant, ready-mix mortar, protective coating chemicals, concrete repair and flooring chemicals, admixtures, etc.
68GF Score

Get the complete analysis for NSE:MCON

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

₹43.30
Price
₹181.83
GF Value