Vera Synthetic (NSE:VERA) Asset Turnover: 0.77 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VERA Vera Synthetic Ltd NSE:VERA
84 GF Score
Price ₹86.25
GF Value ₹83.01
Valuation Fairly Valued
! 6 Warning Signs
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What is Vera Synthetic Asset Turnover?

Vera Synthetic NSE:VERA 84 Asset Turnover is 0.77 as of Mar. 2026. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). 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. Vera Synthetic's Revenue for the six months ended in Mar. 2026 was ₹235.4 Mil. Vera Synthetic's Total Assets for the quarter that ended in Mar. 2026 was ₹305.1 Mil. Therefore, Vera Synthetic's Asset Turnover for the quarter that ended in Mar. 2026 was 0.77.

Asset Turnover is linked to ROE % through Du Pont Formula. Vera Synthetic's annualized ROE % for the quarter that ended in Mar. 2026 was 12.01%. It is also linked to ROA % through Du Pont Formula. Vera Synthetic's annualized ROA % for the quarter that ended in Mar. 2026 was 10.12%.


Vera Synthetic  (NSE:VERA) Asset Turnover Explanation

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

Vera Synthetic's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=30.87/257.0945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.87 / 470.702)*(470.702 / 305.064)*(305.064/ 257.0945)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.56 %*1.543*1.1866
=ROA %*Equity Multiplier
=10.12 %*1.1866
=12.01 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Vera Synthetic's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=30.87/305.064
=(Net Income / Revenue)*(Revenue / Total Assets)
=(30.87 / 470.702)*(470.702 / 305.064)
=Net Margin %*Asset Turnover
=6.56 %*1.543
=10.12 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Vera Synthetic Asset Turnover Related Terms


Vera Synthetic Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vera Synthetic'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.

Vera Synthetic Asset Turnover Chart

Vera Synthetic 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 1.59 1.74 1.69 1.68 1.72

Vera Synthetic Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.71 0.99 0.71 0.90 0.77

Vera Synthetic Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Synthetic's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vera Synthetic's Asset Turnover falls into.


NSE:VERA
84GF Score
Vera Synthetic Ltd NSE:VERA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vera Synthetic Asset Turnover Calculation

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

Vera Synthetic'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 )
=492.012/( (267.482+303.894)/ 2 )
=492.012/285.688
=1.72

Vera Synthetic'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=235.351/( (306.234+303.894)/ 2 )
=235.351/305.064
=0.77

* 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 0.77 mean?
Vera Synthetic (NSE:VERA) has a Asset Turnover of 0.77 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vera Synthetic and its competitors.
Is Vera Synthetic's Asset Turnover too high?
Vera Synthetic's current Asset Turnover is 0.77. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Asset Turnover compare to competitors?
Vera Synthetic's Asset Turnover of 0.77 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Vera Synthetic and its competitors. Vera Synthetic's current Asset Turnover is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Asset Turnover is 0.77. Vera Synthetic's overall GF Score™ is 84/100 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 Vera Synthetic (NSE:VERA), the current Asset Turnover is 0.77 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?

Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued. The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01. GuruFocus considers Vera Synthetic to be Fairly Valued.

Key valuation signals for NSE:VERA:

  • Asset Turnover: 0.77
  • GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Vera Synthetic Business Description

Address Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score

Get the complete analysis for NSE:VERA

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

₹86.25
Price
₹83.01
GF Value