Rishabh Instruments (NSE:RISHABH) Asset Turnover: 0.20 (As of Mar. 2026)


NSE:RISHABH Rishabh Instruments Ltd NSE:RISHABH
56 GF Score
Price ₹645.75
GF Value ₹435.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Rishabh Instruments Asset Turnover?

Rishabh Instruments NSE:RISHABH +10.42% 56 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates NSE:RISHABH with a GF Score™ of 56/100 and a GF Value™ of ₹435.00 (Significantly Overvalued). 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. Rishabh Instruments's Revenue for the three months ended in Mar. 2026 was ₹2,049 Mil. Rishabh Instruments's Total Assets for the quarter that ended in Mar. 2026 was ₹10,028 Mil. Therefore, Rishabh Instruments's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Rishabh Instruments's annualized ROE % for the quarter that ended in Mar. 2026 was 10.58%. It is also linked to ROA % through Du Pont Formula. Rishabh Instruments's annualized ROA % for the quarter that ended in Mar. 2026 was 7.86%.


Rishabh Instruments  (NSE:RISHABH) Asset Turnover Explanation

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

Rishabh Instruments's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=788.12/7450.2
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(788.12 / 8194.52)*(8194.52 / 10027.64)*(10027.64/ 7450.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.62 %*0.8172*1.346
=ROA %*Equity Multiplier
=7.86 %*1.346
=10.58 %

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:

Rishabh Instruments's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=788.12/10027.64
=(Net Income / Revenue)*(Revenue / Total Assets)
=(788.12 / 8194.52)*(8194.52 / 10027.64)
=Net Margin %*Asset Turnover
=9.62 %*0.8172
=7.86 %

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.


Rishabh Instruments Asset Turnover Related Terms


Rishabh Instruments Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rishabh Instruments'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.

Rishabh Instruments Asset Turnover Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.87 0.93 0.95 0.86 0.82

Rishabh Instruments Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.22 0.21 0.19 0.20

NSE:RISHABH vs COHR, KEYS, GRMN: Asset Turnover Comparison

For the Scientific & Technical Instruments subindustry, Rishabh Instruments'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.


Rishabh Instruments Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Rishabh Instruments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rishabh Instruments's Asset Turnover falls into.


NSE:RISHABH
56GF Score
Rishabh Instruments Ltd NSE:RISHABH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rishabh Instruments Asset Turnover Calculation

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

Rishabh Instruments'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 )
=7751.46/( (8861.31+10027.64)/ 2 )
=7751.46/9444.475
=0.82

Rishabh Instruments'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 )
=2048.63/( (0+10027.64)/ 1 )
=2048.63/10027.64
=0.20

* 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 0.20 mean?
Rishabh Instruments (NSE:RISHABH) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rishabh Instruments and its competitors.
Is Rishabh Instruments' Asset Turnover too high?
Rishabh Instruments' current Asset Turnover is 0.20. Overall, Rishabh Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rishabh Instruments' Asset Turnover compare to COHR and KEYS?
Rishabh Instruments' Asset Turnover of 0.20 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Rishabh Instruments and its competitors. Rishabh Instruments's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Instruments stock overvalued right now?
Based on GuruFocus' analysis, Rishabh Instruments (NSE:RISHABH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹435.00, compared to a current price of ₹645.75 — trading 48.4% above its estimated fair value. The current Asset Turnover is 0.20. Rishabh Instruments' overall GF Score™ is 56/100 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 Rishabh Instruments (NSE:RISHABH), the current Asset Turnover is 0.20 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 Rishabh Instruments (NSE:RISHABH) Overvalued in 2026?

Based on GuruFocus' analysis, Rishabh Instruments stock appears to be overvalued. The current stock price of ₹645.75 is trading 48.4% above its estimated GF Value™ of ₹435.00. GuruFocus considers Rishabh Instruments to be Significantly Overvalued.

Key valuation signals for NSE:RISHABH:

  • Asset Turnover: 0.20
  • GF Value™: ₹435.00 vs. price of ₹645.75 (48.4% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Rishabh Instruments Business Description

Other Exchanges 543977:India
Address MIDC Satpur, F-31, Nasik, MH, IND, 422007
Rishabh Instruments Ltd is engaged in designing, developing, and manufacturing test and measuring instruments and industrial control products, and high-pressure aluminum die casting. Its product portfolio comprises analog panel meters, battery chargers, CAM switches, clamp meters, earth testers, isolators, transducers, etc. Geographically, the group generates maximum revenue from Europe (excluding Poland), followed by Poland, Asia, the USA, and other regions.
56GF Score

Get the complete analysis for NSE:RISHABH

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

₹645.75
Price
₹435.00
GF Value