Rain Industries (NSE:RAIN) Asset Turnover: 0.21 (As of Dec. 2025)


NSE:RAIN Rain Industries Ltd NSE:RAIN
67 GF Score
Price ₹200.91
GF Value ₹153.80
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Rain Industries Asset Turnover?

Rain Industries NSE:RAIN +2.04% 67 Asset Turnover is 0.21 as of Dec. 2025. GuruFocus rates NSE:RAIN with a GF Score™ of 67/100 and a GF Value™ of ₹153.80 (Significantly Overvalued). The stock has 12 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. Rain Industries's Revenue for the six months ended in Dec. 2025 was ₹43,007 Mil. Rain Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹198,483 Mil. Therefore, Rain Industries's Asset Turnover for the quarter that ended in Dec. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Rain Industries's annualized ROE % for the quarter that ended in Dec. 2025 was 0.38%. It is also linked to ROA % through Du Pont Formula. Rain Industries's annualized ROA % for the quarter that ended in Dec. 2025 was 0.14%.


Rain Industries  (NSE:RAIN) Asset Turnover Explanation

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

Rain Industries's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=270.18/70433.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(270.18 / 86014.26)*(86014.26 / 198483.19)*(198483.19/ 70433.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.31 %*0.4334*2.818
=ROA %*Equity Multiplier
=0.14 %*2.818
=0.38 %

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

Rain Industries's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=270.18/198483.19
=(Net Income / Revenue)*(Revenue / Total Assets)
=(270.18 / 86014.26)*(86014.26 / 198483.19)
=Net Margin %*Asset Turnover
=0.31 %*0.4334
=0.14 %

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


Rain Industries Asset Turnover Related Terms


Rain Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rain Industries'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.

Rain Industries Asset Turnover Chart

Rain Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 1.02 0.86 0.78 0.85

Rain Industries Semi-Annual Data
Mar06 Mar07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 0.21 0.24 0.20 0.19 0.21

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

For the Specialty Chemicals subindustry, Rain Industries'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.


Rain Industries Asset Turnover vs Chemicals Industry

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

* The bar in red indicates where Rain Industries's Asset Turnover falls into.


NSE:RAIN
67GF Score
Rain Industries Ltd NSE:RAIN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rain Industries Asset Turnover Calculation

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

Rain Industries's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=167911.39/( (189368.71+207597.67)/ 2 )
=167911.39/198483.19
=0.85

Rain Industries's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=43007.13/( (189368.71+207597.67)/ 2 )
=43007.13/198483.19
=0.22

* 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 0.21 mean?
Rain Industries (NSE:RAIN) has a Asset Turnover of 0.21 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rain Industries and its competitors.
Is Rain Industries' Asset Turnover too high?
Rain Industries' current Asset Turnover is 0.21. Overall, Rain Industries has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rain Industries' Asset Turnover compare to LIN and SHW?
Rain Industries' Asset Turnover of 0.21 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 Rain Industries and its competitors. Rain Industries's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rain Industries stock overvalued right now?
Based on GuruFocus' analysis, Rain Industries (NSE:RAIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹153.80, compared to a current price of ₹200.91 — trading 30.6% above its estimated fair value. The current Asset Turnover is 0.21. Rain Industries' overall GF Score™ is 67/100 with 12 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 Rain Industries (NSE:RAIN), the current Asset Turnover is 0.21 as of Dec. 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.

Is Rain Industries (NSE:RAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Rain Industries stock appears to be overvalued. The current stock price of ₹200.91 is trading 30.6% above its estimated GF Value™ of ₹153.80. GuruFocus considers Rain Industries to be Significantly Overvalued.

Key valuation signals for NSE:RAIN:

  • Asset Turnover: 0.21
  • GF Value™: ₹153.80 vs. price of ₹200.91 (30.6% above fair value)
  • GF Score™: 67/100 with 12 warning signs

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


Rain Industries Business Description

Other Exchanges 500339:India
Address 34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073
Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advance Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy, and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.
67GF Score

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

₹200.91
Price
₹153.80
GF Value