Tamil Nadu Newsprint & Papers (NSE:TNPL) Asset Turnover: 0.20 (As of Mar. 2026)


NSE:TNPL Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
72 GF Score
Price ₹147.10
GF Value ₹183.57
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tamil Nadu Newsprint & Papers Asset Turnover?

Tamil Nadu Newsprint & Papers NSE:TNPL +1.34% 72 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹183.57 (Modestly Undervalued). 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. Tamil Nadu Newsprint & Papers's Revenue for the three months ended in Mar. 2026 was ₹12,575 Mil. Tamil Nadu Newsprint & Papers's Total Assets for the quarter that ended in Mar. 2026 was ₹62,101 Mil. Therefore, Tamil Nadu Newsprint & Papers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Tamil Nadu Newsprint & Papers's annualized ROE % for the quarter that ended in Mar. 2026 was 41.50%. It is also linked to ROA % through Du Pont Formula. Tamil Nadu Newsprint & Papers's annualized ROA % for the quarter that ended in Mar. 2026 was 15.48%.


Tamil Nadu Newsprint & Papers  (NSE:TNPL) Asset Turnover Explanation

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

Tamil Nadu Newsprint & Papers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=9612/23159.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9612 / 50301.2)*(50301.2 / 62101.1)*(62101.1/ 23159.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.11 %*0.81*2.6814
=ROA %*Equity Multiplier
=15.48 %*2.6814
=41.50 %

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:

Tamil Nadu Newsprint & Papers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=9612/62101.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9612 / 50301.2)*(50301.2 / 62101.1)
=Net Margin %*Asset Turnover
=19.11 %*0.81
=15.48 %

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.


Tamil Nadu Newsprint & Papers Asset Turnover Related Terms


Tamil Nadu Newsprint & Papers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers Asset Turnover Chart

Tamil Nadu Newsprint & Papers 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 0.68 0.86 0.76 0.75 0.76

Tamil Nadu Newsprint & Papers 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 0.23 0.19 0.18 0.18 0.20

Tamil Nadu Newsprint & Papers Asset Turnover Competitor Comparison

For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.


Tamil Nadu Newsprint & Papers Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tamil Nadu Newsprint & Papers's Asset Turnover falls into.


NSE:TNPL
72GF Score
Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamil Nadu Newsprint & Papers Asset Turnover Calculation

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

Tamil Nadu Newsprint & Papers'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 )
=45816.2/( (58827.817+62101.1)/ 2 )
=45816.2/60464.4585
=0.76

Tamil Nadu Newsprint & Papers'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 )
=12575.3/( (0+62101.1)/ 1 )
=12575.3/62101.1
=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?
Tamil Nadu Newsprint & Papers (NSE:TNPL) 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 Tamil Nadu Newsprint & Papers and its competitors.
Is Tamil Nadu Newsprint & Papers' Asset Turnover too high?
Tamil Nadu Newsprint & Papers' current Asset Turnover is 0.20. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' Asset Turnover compare to competitors?
Tamil Nadu Newsprint & Papers' Asset Turnover of 0.20 can be compared against companies in the Forest 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 a Forest Products company?
A good Asset Turnover depends on the Forest 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 Tamil Nadu Newsprint & Papers and its competitors. Tamil Nadu Newsprint & Papers'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 Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.57, compared to a current price of ₹147.10 — trading 19.9% below its estimated fair value. The current Asset Turnover is 0.20. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued. The current stock price of ₹147.10 is trading 19.9% below its estimated GF Value™ of ₹183.57. GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.

Key valuation signals for NSE:TNPL:

  • Asset Turnover: 0.20
  • GF Value™: ₹183.57 vs. price of ₹147.10 (19.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Tamil Nadu Newsprint & Papers Business Description

Other Exchanges 531426:India
Address 67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score

Get the complete analysis for NSE:TNPL

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

₹147.10
Price
₹183.57
GF Value