Parin Enterprises (NSE:PARIN) Asset Turnover: 0.73 (As of Mar. 2026)


NSE:PARIN Parin Enterprises Ltd NSE:PARIN
84 GF Score
Price ₹715.25
GF Value ₹641.73
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Parin Enterprises Asset Turnover?

Parin Enterprises NSE:PARIN +4.08% 84 Asset Turnover is 0.73 as of Mar. 2026. GuruFocus rates NSE:PARIN with a GF Score™ of 84/100 and a GF Value™ of ₹641.73 (Modestly Overvalued). The stock has 7 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. Parin Enterprises's Revenue for the six months ended in Mar. 2026 was ₹1,390 Mil. Parin Enterprises's Total Assets for the quarter that ended in Mar. 2026 was ₹1,907 Mil. Therefore, Parin Enterprises's Asset Turnover for the quarter that ended in Mar. 2026 was 0.73.

Asset Turnover is linked to ROE % through Du Pont Formula. Parin Enterprises's annualized ROE % for the quarter that ended in Mar. 2026 was 10.73%. It is also linked to ROA % through Du Pont Formula. Parin Enterprises's annualized ROA % for the quarter that ended in Mar. 2026 was 3.98%.

Parin Enterprises  (NSE:PARIN) Asset Turnover Explanation

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

Parin Enterprises's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=75.928/707.71
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(75.928 / 2779.588)*(2779.588 / 1906.6845)*(1906.6845/ 707.71)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.73 %*1.4578*2.6942
=ROA %*Equity Multiplier
=3.98 %*2.6942
=10.73 %

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:

Parin Enterprises's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=75.928/1906.6845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(75.928 / 2779.588)*(2779.588 / 1906.6845)
=Net Margin %*Asset Turnover
=2.73 %*1.4578
=3.98 %

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.

Parin Enterprises Asset Turnover Related Terms

Parin Enterprises Asset Turnover Historical Data

* Premium members only.

The historical data trend for Parin Enterprises'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.

Parin Enterprises Asset Turnover Chart

Parin Enterprises 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 0.70 0.63 0.61 1.07 1.30

Parin Enterprises Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 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 0.26 0.28 0.80 0.58 0.73

NSE:PARIN vs SN, SGI, MHK: Asset Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.

Parin Enterprises Asset Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Parin Enterprises's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Parin Enterprises's Asset Turnover falls into.


NSE:PARIN
84GF Score
Parin Enterprises Ltd NSE:PARIN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Parin Enterprises Asset Turnover Calculation

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

Parin Enterprises'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 )
=2476.571/( (1873.792+1945.429)/ 2 )
=2476.571/1909.6105
=1.30

Parin Enterprises'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 )
=1389.794/( (1867.94+1945.429)/ 2 )
=1389.794/1906.6845
=0.73

* 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 0.73 mean?
Parin Enterprises (NSE:PARIN) has a Asset Turnover of 0.73 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Parin Enterprises and its competitors.
Is Parin Enterprises' Asset Turnover too high?
Parin Enterprises' current Asset Turnover is 0.73. Overall, Parin Enterprises has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' Asset Turnover compare to SN and SGI?
Parin Enterprises' Asset Turnover of 0.73 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Asset Turnover depends on the Furnishings, Fixtures & Appliances 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 Parin Enterprises and its competitors. Parin Enterprises's current Asset Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹641.73, compared to a current price of ₹715.25 — trading 11.5% above its estimated fair value. The current Asset Turnover is 0.73. Parin Enterprises' overall GF Score™ is 84/100 with 7 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 Parin Enterprises (NSE:PARIN), the current Asset Turnover is 0.73 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?

Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued. The current stock price of ₹715.25 is trading 11.5% above its estimated GF Value™ of ₹641.73. GuruFocus considers Parin Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:PARIN:

  • Asset Turnover: 0.73
  • GF Value™: ₹641.73 vs. price of ₹715.25 (11.5% above fair value)
  • GF Score™: 84/100 with 7 warning signs

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

Parin Enterprises Business Description

Address Taluka Gondal , National Highway 8B, Plot No. 1, 2 & 3, Revenue Survey No. 33, Billayala village, Rajkot, GJ, IND, 360311
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
84GF Score

Get the complete analysis for NSE:PARIN

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

₹715.25
Price
₹641.73
GF Value