Saurashtra Cement (NSE:SAURASHCEM) Asset Turnover: 0.28 (As of Mar. 2026)


NSE:SAURASHCEM Saurashtra Cement Ltd NSE:SAURASHCEM
63 GF Score
Price ₹58.12
GF Value ₹89.79
Valuation Possible Value Trap
! 5 Warning Signs
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What is Saurashtra Cement Asset Turnover?

Saurashtra Cement NSE:SAURASHCEM +3.92% 63 Asset Turnover is 0.28 as of Mar. 2026. GuruFocus rates NSE:SAURASHCEM with a GF Score™ of 63/100 and a GF Value™ of ₹89.79 (Possible Value Trap). 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. Saurashtra Cement's Revenue for the three months ended in Mar. 2026 was ₹4,466 Mil. Saurashtra Cement's Total Assets for the quarter that ended in Mar. 2026 was ₹15,879 Mil. Therefore, Saurashtra Cement's Asset Turnover for the quarter that ended in Mar. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Saurashtra Cement's annualized ROE % for the quarter that ended in Mar. 2026 was 7.83%. It is also linked to ROA % through Du Pont Formula. Saurashtra Cement's annualized ROA % for the quarter that ended in Mar. 2026 was 4.74%.


Saurashtra Cement  (NSE:SAURASHCEM) Asset Turnover Explanation

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

Saurashtra Cement's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=753.18/9616.363
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(753.18 / 17865.868)*(17865.868 / 15879.383)*(15879.383/ 9616.363)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.22 %*1.1251*1.6513
=ROA %*Equity Multiplier
=4.74 %*1.6513
=7.83 %

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:

Saurashtra Cement's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=753.18/15879.383
=(Net Income / Revenue)*(Revenue / Total Assets)
=(753.18 / 17865.868)*(17865.868 / 15879.383)
=Net Margin %*Asset Turnover
=4.22 %*1.1251
=4.74 %

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.


Saurashtra Cement Asset Turnover Related Terms


Saurashtra Cement Asset Turnover Historical Data

* Premium members only.

The historical data trend for Saurashtra Cement'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.

Saurashtra Cement Asset Turnover Chart

Saurashtra Cement 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 1.36 1.19 1.21 0.97 1.04

Saurashtra Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only 0.30 0.26 0.24 0.26 0.28

NSE:SAURASHCEM vs CRH, VMC, MLM: Asset Turnover Comparison

For the Building Materials subindustry, Saurashtra Cement'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.


Saurashtra Cement Asset Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Saurashtra Cement's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saurashtra Cement's Asset Turnover falls into.


NSE:SAURASHCEM
63GF Score
Saurashtra Cement Ltd NSE:SAURASHCEM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Saurashtra Cement Asset Turnover Calculation

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

Saurashtra Cement'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 )
=16660.387/( (16028.276+15879.383)/ 2 )
=16660.387/15953.8295
=1.04

Saurashtra Cement'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 )
=4466.467/( (0+15879.383)/ 1 )
=4466.467/15879.383
=0.28

* 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 0.28 mean?
Saurashtra Cement (NSE:SAURASHCEM) has a Asset Turnover of 0.28 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Saurashtra Cement and its competitors.
Is Saurashtra Cement's Asset Turnover too high?
Saurashtra Cement's current Asset Turnover is 0.28. Overall, Saurashtra Cement has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saurashtra Cement's Asset Turnover compare to CRH and VMC?
Saurashtra Cement's Asset Turnover of 0.28 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 Saurashtra Cement and its competitors. Saurashtra Cement's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saurashtra Cement stock overvalued right now?
Based on GuruFocus' analysis, Saurashtra Cement (NSE:SAURASHCEM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹89.79, compared to a current price of ₹58.12 — trading 35.3% below its estimated fair value. The current Asset Turnover is 0.28. Saurashtra Cement's overall GF Score™ is 63/100 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 Saurashtra Cement (NSE:SAURASHCEM), the current Asset Turnover is 0.28 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 Saurashtra Cement (NSE:SAURASHCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Saurashtra Cement stock appears to be undervalued. The current stock price of ₹58.12 is trading 35.3% below its estimated GF Value™ of ₹89.79. GuruFocus considers Saurashtra Cement to be Possible Value Trap.

Key valuation signals for NSE:SAURASHCEM:

  • Asset Turnover: 0.28
  • GF Value™: ₹89.79 vs. price of ₹58.12 (35.3% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Saurashtra Cement Business Description

Other Exchanges 502175:India
Address Babubhai Chinai Marg, N. K. Mehta International House, Agrima Business Centre, 2nd Floor, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Saurashtra Cement Ltd is a cement and clinker manufacturing company based in India. The company manufactures cement under the brand name HATHI. The firm generates maximum revenue from India. Majority of its revenue comes from the sales of the cement product. The Company operates in two reportable segment i.e. manufacture of Cement and Clinker and Paints. The company makes majority of its revenue from Cement and Clinker segment.
63GF Score

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

₹58.12
Price
₹89.79
GF Value