SKF India (Industrial) (NSE:SKFINDUS) Asset Turnover: 0.35 (As of Mar. 2026)

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NSE:SKFINDUS SKF India (Industrial) Ltd NSE:SKFINDUS
18 GF Score
Price ₹2,627.90
! 2 Warning Signs
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What is SKF India (Industrial) Asset Turnover?

SKF India (Industrial) NSE:SKFINDUS -2.55% 18 Asset Turnover is 0.35 as of Mar. 2026. GuruFocus rates NSE:SKFINDUS with a GF Score™ of 18/100. The stock has 2 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. SKF India (Industrial)'s Revenue for the three months ended in Mar. 2026 was ₹9,457 Mil. SKF India (Industrial)'s Total Assets for the quarter that ended in Mar. 2026 was ₹26,745 Mil. Therefore, SKF India (Industrial)'s Asset Turnover for the quarter that ended in Mar. 2026 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. SKF India (Industrial)'s annualized ROE % for the quarter that ended in Mar. 2026 was 32.22%. It is also linked to ROA % through Du Pont Formula. SKF India (Industrial)'s annualized ROA % for the quarter that ended in Mar. 2026 was 17.79%.


SKF India (Industrial)  (NSE:SKFINDUS) Asset Turnover Explanation

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

SKF India (Industrial)'s annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4758.8/14768.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4758.8 / 37828.8)*(37828.8 / 26745)*(26745/ 14768.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.58 %*1.4144*1.8109
=ROA %*Equity Multiplier
=17.79 %*1.8109
=32.22 %

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:

SKF India (Industrial)'s annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4758.8/26745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4758.8 / 37828.8)*(37828.8 / 26745)
=Net Margin %*Asset Turnover
=12.58 %*1.4144
=17.79 %

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.


SKF India (Industrial) Asset Turnover Related Terms


SKF India (Industrial) Asset Turnover Historical Data

* Premium members only.

The historical data trend for SKF India (Industrial)'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.

SKF India (Industrial) Asset Turnover Chart

SKF India (Industrial) Annual Data
Trend Mar25 Mar26
Asset Turnover
0.38 1.46

SKF India (Industrial) Quarterly Data
Mar25 Dec25 Mar26
Asset Turnover 0.38 0.45 0.35

NSE:SKFINDUS vs SNA, RBC, LECO: Asset Turnover Comparison

For the Tools & Accessories subindustry, SKF India (Industrial)'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.


SKF India (Industrial) Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF India (Industrial)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where SKF India (Industrial)'s Asset Turnover falls into.


NSE:SKFINDUS
18GF Score
SKF India (Industrial) Ltd NSE:SKFINDUS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SKF India (Industrial) Asset Turnover Calculation

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

SKF India (Industrial)'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 )
=33440.2/( (19147.3+26745)/ 2 )
=33440.2/22946.15
=1.46

SKF India (Industrial)'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 )
=9457.2/( (0+26745)/ 1 )
=9457.2/26745
=0.35

* 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 0.35 mean?
SKF India (Industrial) (NSE:SKFINDUS) has a Asset Turnover of 0.35 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SKF India (Industrial) and its competitors.
Is SKF India (Industrial)'s Asset Turnover too high?
SKF India (Industrial)'s current Asset Turnover is 0.35. Overall, SKF India (Industrial) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does SKF India (Industrial)'s Asset Turnover compare to SNA and RBC?
SKF India (Industrial)'s Asset Turnover of 0.35 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 SKF India (Industrial) and its competitors. SKF India (Industrial)'s current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKF India (Industrial) stock overvalued right now?
SKF India (Industrial) (NSE:SKFINDUS) has a current Asset Turnover of 0.35. The current Asset Turnover is 0.35. SKF India (Industrial)'s overall GF Score™ is 18/100 with 2 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 SKF India (Industrial) (NSE:SKFINDUS), the current Asset Turnover is 0.35 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.

SKF India (Industrial) Business Description

Other Exchanges 544572:India
Address near Chapekar Chowk, Chinchwad, Pune, MH, IND, 411033
SKF India (Industrial) Ltd is an automotive and industrial engineered solutions provider through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions, and maintenance services. Its solutions provide sustainable ways for companies across the industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability.
18GF Score

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

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