Modis Navnirman (NSE:MODIS) Asset Turnover: 0.17 (As of Mar. 2026)


NSE:MODIS Modis Navnirman Ltd NSE:MODIS
62 GF Score
Price ₹335.15
GF Value ₹780.57
Valuation Possible Value Trap
! 6 Warning Signs
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What is Modis Navnirman Asset Turnover?

Modis Navnirman NSE:MODIS +0.45% 62 Asset Turnover is 0.17 as of Mar. 2026. GuruFocus rates NSE:MODIS with a GF Score™ of 62/100 and a GF Value™ of ₹780.57 (Possible Value Trap). The stock has 6 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. Modis Navnirman's Revenue for the three months ended in Mar. 2026 was ₹515 Mil. Modis Navnirman's Total Assets for the quarter that ended in Mar. 2026 was ₹3,049 Mil. Therefore, Modis Navnirman's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Modis Navnirman's annualized ROE % for the quarter that ended in Mar. 2026 was 11.25%. It is also linked to ROA % through Du Pont Formula. Modis Navnirman's annualized ROA % for the quarter that ended in Mar. 2026 was 5.78%.

Modis Navnirman  (NSE:MODIS) Asset Turnover Explanation

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

Modis Navnirman's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=176.236/1566.609
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(176.236 / 2059.604)*(2059.604 / 3049.361)*(3049.361/ 1566.609)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.56 %*0.6754*1.9465
=ROA %*Equity Multiplier
=5.78 %*1.9465
=11.25 %

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:

Modis Navnirman's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=176.236/3049.361
=(Net Income / Revenue)*(Revenue / Total Assets)
=(176.236 / 2059.604)*(2059.604 / 3049.361)
=Net Margin %*Asset Turnover
=8.56 %*0.6754
=5.78 %

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.

Modis Navnirman Asset Turnover Related Terms

Modis Navnirman Asset Turnover Historical Data

* Premium members only.

The historical data trend for Modis Navnirman'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.

Modis Navnirman Asset Turnover Chart

Modis Navnirman Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.44 0.86 0.67 0.76 0.82

Modis Navnirman Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 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 0.24 0.13 0.00 0.32 0.17

Modis Navnirman Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Modis Navnirman's Asset Turnover falls into.


NSE:MODIS
62GF Score
Modis Navnirman Ltd NSE:MODIS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Modis Navnirman Asset Turnover Calculation

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

Modis Navnirman'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 )
=1893.135/( (1591.402+3049.361)/ 2 )
=1893.135/2320.3815
=0.82

Modis Navnirman'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 )
=514.901/( (0+3049.361)/ 1 )
=514.901/3049.361
=0.17

* 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 0.17 mean?
Modis Navnirman (NSE:MODIS) has a Asset Turnover of 0.17 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Modis Navnirman and its competitors.
Is Modis Navnirman's Asset Turnover too high?
Modis Navnirman's current Asset Turnover is 0.17. Overall, Modis Navnirman has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's Asset Turnover compare to competitors?
Modis Navnirman's Asset Turnover of 0.17 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Modis Navnirman and its competitors. Modis Navnirman's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹780.57, compared to a current price of ₹335.15 — trading 57.1% below its estimated fair value. The current Asset Turnover is 0.17. Modis Navnirman's overall GF Score™ is 62/100 with 6 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 Modis Navnirman (NSE:MODIS), the current Asset Turnover is 0.17 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 Modis Navnirman (NSE:MODIS) Overvalued in 2026?

Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued. The current stock price of ₹335.15 is trading 57.1% below its estimated GF Value™ of ₹780.57. GuruFocus considers Modis Navnirman to be Possible Value Trap.

Key valuation signals for NSE:MODIS:

  • Asset Turnover: 0.17
  • GF Value™: ₹780.57 vs. price of ₹335.15 (57.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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

Modis Navnirman Business Description

Other Exchanges 543539:India
Address M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
62GF Score

Get the complete analysis for NSE:MODIS

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

₹335.15
Price
₹780.57
GF Value