Saatvik Green Energy (NSE:SAATVIKGL) Asset Turnover: 0.52 (As of Mar. 2026)


NSE:SAATVIKGL Saatvik Green Energy Ltd NSE:SAATVIKGL
17 GF Score
Price ₹423.55
! 4 Warning Signs
View Full Analysis

What is Saatvik Green Energy Asset Turnover?

Saatvik Green Energy NSE:SAATVIKGL -2.31% 17 Asset Turnover is 0.52 as of Mar. 2026. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 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. Saatvik Green Energy's Revenue for the three months ended in Mar. 2026 was ₹16,077 Mil. Saatvik Green Energy's Total Assets for the quarter that ended in Mar. 2026 was ₹31,146 Mil. Therefore, Saatvik Green Energy's Asset Turnover for the quarter that ended in Mar. 2026 was 0.52.

Asset Turnover is linked to ROE % through Du Pont Formula. Saatvik Green Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 17.81%. It is also linked to ROA % through Du Pont Formula. Saatvik Green Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 7.78%.

Saatvik Green Energy  (NSE:SAATVIKGL) Asset Turnover Explanation

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

Saatvik Green Energy's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2424.36/13610.67
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2424.36 / 64306.28)*(64306.28 / 31145.91)*(31145.91/ 13610.67)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.77 %*2.0647*2.2883
=ROA %*Equity Multiplier
=7.78 %*2.2883
=17.81 %

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:

Saatvik Green Energy's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2424.36/31145.91
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2424.36 / 64306.28)*(64306.28 / 31145.91)
=Net Margin %*Asset Turnover
=3.77 %*2.0647
=7.78 %

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.

Saatvik Green Energy Asset Turnover Related Terms

Saatvik Green Energy Asset Turnover Historical Data

* Premium members only.

The historical data trend for Saatvik Green Energy'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.

Saatvik Green Energy Asset Turnover Chart

Saatvik Green Energy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
2.21 2.53 2.29 1.86 1.92

Saatvik Green Energy Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.47 0.67 0.35 0.45 0.52

NSE:SAATVIKGL vs FSLR, NXT, ENPH: Asset Turnover Comparison

For the Solar subindustry, Saatvik Green Energy'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.

Saatvik Green Energy Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Saatvik Green Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saatvik Green Energy's Asset Turnover falls into.


NSE:SAATVIKGL
17GF Score
Saatvik Green Energy Ltd NSE:SAATVIKGL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saatvik Green Energy Asset Turnover Calculation

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

Saatvik Green Energy'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 )
=45484.37/( (16357.44+31145.91)/ 2 )
=45484.37/23751.675
=1.91

Saatvik Green Energy'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 )
=16076.57/( (0+31145.91)/ 1 )
=16076.57/31145.91
=0.52

* 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 0.52 mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a Asset Turnover of 0.52 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Saatvik Green Energy and its competitors.
Is Saatvik Green Energy's Asset Turnover too high?
Saatvik Green Energy's current Asset Turnover is 0.52. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's Asset Turnover compare to FSLR and NXT?
Saatvik Green Energy's Asset Turnover of 0.52 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 Saatvik Green Energy and its competitors. Saatvik Green Energy's current Asset Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current Asset Turnover of 0.52. The current Asset Turnover is 0.52. Saatvik Green Energy's overall GF Score™ is 17/100 with 4 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 Saatvik Green Energy (NSE:SAATVIKGL), the current Asset Turnover is 0.52 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.

Saatvik Green Energy Business Description

Other Exchanges 544526:India
Address Plot No. 3, Sector 32, Tower A, Institutional Area, IFFCO Complex, Gurugram, HR, IND, 122 001
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score

Get the complete analysis for NSE:SAATVIKGL

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

₹423.55
Price