Parth Electricals & Engineering (NSE:PARTH) Asset Turnover: 0.67 (As of Mar. 2026)


NSE:PARTH Parth Electricals & Engineering Ltd NSE:PARTH
18 GF Score
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What is Parth Electricals & Engineering Asset Turnover?

Parth Electricals & Engineering NSE:PARTH +4.61% 18 Asset Turnover is 0.67 as of Mar. 2026. GuruFocus rates NSE:PARTH with a GF Score™ of 18/100. 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. Parth Electricals & Engineering's Revenue for the six months ended in Mar. 2026 was ₹1,176 Mil. Parth Electricals & Engineering's Total Assets for the quarter that ended in Mar. 2026 was ₹1,755 Mil. Therefore, Parth Electricals & Engineering's Asset Turnover for the quarter that ended in Mar. 2026 was 0.67.

Asset Turnover is linked to ROE % through Du Pont Formula. Parth Electricals & Engineering's annualized ROE % for the quarter that ended in Mar. 2026 was 14.78%. It is also linked to ROA % through Du Pont Formula. Parth Electricals & Engineering's annualized ROA % for the quarter that ended in Mar. 2026 was 9.27%.


Parth Electricals & Engineering  (NSE:PARTH) Asset Turnover Explanation

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

Parth Electricals & Engineering's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=162.692/1100.687
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(162.692 / 2351.716)*(2351.716 / 1754.968)*(1754.968/ 1100.687)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.92 %*1.34*1.5944
=ROA %*Equity Multiplier
=9.27 %*1.5944
=14.78 %

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:

Parth Electricals & Engineering's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=162.692/1754.968
=(Net Income / Revenue)*(Revenue / Total Assets)
=(162.692 / 2351.716)*(2351.716 / 1754.968)
=Net Margin %*Asset Turnover
=6.92 %*1.34
=9.27 %

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.


Parth Electricals & Engineering Asset Turnover Related Terms


Parth Electricals & Engineering Asset Turnover Historical Data

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The historical data trend for Parth Electricals & Engineering'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.

Parth Electricals & Engineering Asset Turnover Chart

Parth Electricals & Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.29 1.48 2.02 1.34

Parth Electricals & Engineering Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 1.05 0.98 0.60 0.67

NSE:PARTH vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Parth Electricals & Engineering'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.


Parth Electricals & Engineering Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parth Electricals & Engineering's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Parth Electricals & Engineering's Asset Turnover falls into.


NSE:PARTH
18GF Score
Parth Electricals & Engineering Ltd NSE:PARTH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Parth Electricals & Engineering Asset Turnover Calculation

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

Parth Electricals & Engineering'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 )
=1979.851/( (1067.589+1877.578)/ 2 )
=1979.851/1472.5835
=1.34

Parth Electricals & Engineering'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 )
=1175.858/( (1632.358+1877.578)/ 2 )
=1175.858/1754.968
=0.67

* 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 0.67 mean?
Parth Electricals & Engineering (NSE:PARTH) has a Asset Turnover of 0.67 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Parth Electricals & Engineering and its competitors.
Is Parth Electricals & Engineering's Asset Turnover too high?
Parth Electricals & Engineering's current Asset Turnover is 0.67. Overall, Parth Electricals & Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Parth Electricals & Engineering's Asset Turnover compare to VRT and BE?
Parth Electricals & Engineering's Asset Turnover of 0.67 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Parth Electricals & Engineering and its competitors. Parth Electricals & Engineering's current Asset Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parth Electricals & Engineering stock overvalued right now?
Parth Electricals & Engineering (NSE:PARTH) has a current Asset Turnover of 0.67. The current Asset Turnover is 0.67. Parth Electricals & Engineering's overall GF Score™ is 18/100 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 Parth Electricals & Engineering (NSE:PARTH), the current Asset Turnover is 0.67 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.

Parth Electricals & Engineering Business Description

Address Ellora Park Main Road, 301, 3rd Floor, Riddhi Siddhi Elanza, Behind Domino's Pizza Outlet, Subhanpura, Vadodara, GJ, IND, 390023
Parth Electricals & Engineering Ltd is a technology-driven company with a focus on quality, design, and product development. It is engaged in the business of manufacturing electric switch gear equipment and, distribution of such products. providing services and undertaking the project work, thus operating in a single business segment.
18GF Score

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