Neptune Petrochemicals (NSE:NEPTUNE) Asset Turnover: 1.92 (As of Sep. 2025)

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NSE:NEPTUNE Neptune Petrochemicals Ltd NSE:NEPTUNE
18 GF Score
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What is Neptune Petrochemicals Asset Turnover?

Neptune Petrochemicals NSE:NEPTUNE 18 Asset Turnover is 1.92 as of Sep. 2025. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 18/100. The stock has 1 warning sign 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. Neptune Petrochemicals's Revenue for the six months ended in Sep. 2025 was ₹4,066 Mil. Neptune Petrochemicals's Total Assets for the quarter that ended in Sep. 2025 was ₹2,116 Mil. Therefore, Neptune Petrochemicals's Asset Turnover for the quarter that ended in Sep. 2025 was 1.92.

Asset Turnover is linked to ROE % through Du Pont Formula. Neptune Petrochemicals's annualized ROE % for the quarter that ended in Sep. 2025 was 18.82%. It is also linked to ROA % through Du Pont Formula. Neptune Petrochemicals's annualized ROA % for the quarter that ended in Sep. 2025 was 13.75%.


Neptune Petrochemicals  (NSE:NEPTUNE) Asset Turnover Explanation

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

Neptune Petrochemicals's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=290.952/1546.09
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(290.952 / 8131.486)*(8131.486 / 2115.758)*(2115.758/ 1546.09)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.58 %*3.8433*1.3685
=ROA %*Equity Multiplier
=13.75 %*1.3685
=18.82 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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:

Neptune Petrochemicals's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=290.952/2115.758
=(Net Income / Revenue)*(Revenue / Total Assets)
=(290.952 / 8131.486)*(8131.486 / 2115.758)
=Net Margin %*Asset Turnover
=3.58 %*3.8433
=13.75 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


Neptune Petrochemicals Asset Turnover Related Terms


Neptune Petrochemicals Asset Turnover Historical Data

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The historical data trend for Neptune Petrochemicals'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.

Neptune Petrochemicals Asset Turnover Chart

Neptune Petrochemicals Annual Data
Trend Mar22 Mar23 Mar24
Asset Turnover
4.13 5.78 5.72

Neptune Petrochemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Asset Turnover 0.00 0.00 0.00 2.82 1.92

NSE:NEPTUNE vs VLO, MPC, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.


Neptune Petrochemicals Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neptune Petrochemicals's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Neptune Petrochemicals's Asset Turnover falls into.


NSE:NEPTUNE
18GF Score
Neptune Petrochemicals Ltd NSE:NEPTUNE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Petrochemicals Asset Turnover Calculation

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

Neptune Petrochemicals's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=6548.38/( (1078.818+1209.542)/ 2 )
=6548.38/1144.18
=5.72

Neptune Petrochemicals's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Sep. 2025 ))/ count )
=4065.743/( (0+2115.758)/ 1 )
=4065.743/2115.758
=1.92

* 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 1.92 mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a Asset Turnover of 1.92 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Neptune Petrochemicals and its competitors.
Is Neptune Petrochemicals' Asset Turnover too high?
Neptune Petrochemicals' current Asset Turnover is 1.92. Overall, Neptune Petrochemicals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' Asset Turnover compare to VLO and MPC?
Neptune Petrochemicals' Asset Turnover of 1.92 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Neptune Petrochemicals and its competitors. Neptune Petrochemicals's current Asset Turnover is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current Asset Turnover of 1.92. The current Asset Turnover is 1.92. Neptune Petrochemicals' overall GF Score™ is 18/100 with 1 warning sign 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 Neptune Petrochemicals (NSE:NEPTUNE), the current Asset Turnover is 1.92 as of Sep. 2025. 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.

Neptune Petrochemicals Business Description

Industry EnergyOil & Gas
Address S. G. Highway, k-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, Ahmedabad, GJ, IND, 380015
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
18GF Score

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