Vidya Wires (NSE:VIDYAWIRES) Asset Turnover: 0.99 (As of Mar. 2026)

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NSE:VIDYAWIRES Vidya Wires Ltd NSE:VIDYAWIRES
16 GF Score
Price ₹92.81
! 1 Warning Sign
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What is Vidya Wires Asset Turnover?

Vidya Wires NSE:VIDYAWIRES -5.00% 16 Asset Turnover is 0.99 as of Mar. 2026. GuruFocus rates NSE:VIDYAWIRES with a GF Score™ of 16/100. The stock has 1 warning sign 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. Vidya Wires's Revenue for the three months ended in Mar. 2026 was ₹5,988 Mil. Vidya Wires's Total Assets for the quarter that ended in Mar. 2026 was ₹6,055 Mil. Therefore, Vidya Wires's Asset Turnover for the quarter that ended in Mar. 2026 was 0.99.

Asset Turnover is linked to ROE % through Du Pont Formula. Vidya Wires's annualized ROE % for the quarter that ended in Mar. 2026 was 16.35%. It is also linked to ROA % through Du Pont Formula. Vidya Wires's annualized ROA % for the quarter that ended in Mar. 2026 was 12.96%.


Vidya Wires  (NSE:VIDYAWIRES) Asset Turnover Explanation

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

Vidya Wires's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=784.48/4798.29
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(784.48 / 23951.24)*(23951.24 / 6055.23)*(6055.23/ 4798.29)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.28 %*3.9555*1.262
=ROA %*Equity Multiplier
=12.96 %*1.262
=16.35 %

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:

Vidya Wires's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=784.48/6055.23
=(Net Income / Revenue)*(Revenue / Total Assets)
=(784.48 / 23951.24)*(23951.24 / 6055.23)
=Net Margin %*Asset Turnover
=3.28 %*3.9555
=12.96 %

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.


Vidya Wires Asset Turnover Related Terms


Vidya Wires Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vidya Wires'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.

Vidya Wires Asset Turnover Chart

Vidya Wires Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
4.33 4.80 5.17 5.11 3.93

Vidya Wires Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 1.06 1.15 1.16 1.19 0.99

NSE:VIDYAWIRES vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Vidya Wires'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.


Vidya Wires Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vidya Wires's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vidya Wires's Asset Turnover falls into.


NSE:VIDYAWIRES
16GF Score
Vidya Wires Ltd NSE:VIDYAWIRES
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vidya Wires Asset Turnover Calculation

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

Vidya Wires'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 )
=18396.39/( (3313.34+6055.23)/ 2 )
=18396.39/4684.285
=3.93

Vidya Wires'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 )
=5987.81/( (0+6055.23)/ 1 )
=5987.81/6055.23
=0.99

* 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 0.99 mean?
Vidya Wires (NSE:VIDYAWIRES) has a Asset Turnover of 0.99 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vidya Wires and its competitors.
Is Vidya Wires' Asset Turnover too high?
Vidya Wires' current Asset Turnover is 0.99. Overall, Vidya Wires has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vidya Wires' Asset Turnover compare to VRT and BE?
Vidya Wires' Asset Turnover of 0.99 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 Vidya Wires and its competitors. Vidya Wires's current Asset Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vidya Wires stock overvalued right now?
Vidya Wires (NSE:VIDYAWIRES) has a current Asset Turnover of 0.99. The current Asset Turnover is 0.99. Vidya Wires' overall GF Score™ is 16/100 with 1 warning sign 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 Vidya Wires (NSE:VIDYAWIRES), the current Asset Turnover is 0.99 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.

Vidya Wires Business Description

Other Exchanges 544633:India
Address Plot No. 8/1-2, GIDC Main road, Opposite SLS Industries, Vithal Udyognagar, Anand, GJ, IND, 388 121
Vidya Wires Ltd is a manufacturer of winding and conductivity products for a range of critical industries and applications. The company's product portfolio includes precision-engineered Enameled Wires, Enameled Copper Rectangular Strips, Paper Insulated Copper Conductors, Copper Busbar and Bare Copper Conductors, Specialised Winding Wires, PV Ribbon and Aluminum Paper Covered Strips, among others. It serves various sectors like energy generation & transmission, electrical systems, electric motors, clean energy systems, electric mobility, and railways. The majority of the company's revenue is derived from the sale of its copper-based products in domestic markets.
16GF 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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