Vinyas Innovative Technologies (NSE:VINYAS) Asset Turnover: 0.69 (As of Mar. 2026)


NSE:VINYAS Vinyas Innovative Technologies Ltd NSE:VINYAS
53 GF Score
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! 4 Warning Signs
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What is Vinyas Innovative Technologies Asset Turnover?

Vinyas Innovative Technologies NSE:VINYAS -1.16% 53 Asset Turnover is 0.69 as of Mar. 2026. GuruFocus rates NSE:VINYAS with a GF Score™ of 53/100. The stock has 4 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. Vinyas Innovative Technologies's Revenue for the six months ended in Mar. 2026 was ₹3,024 Mil. Vinyas Innovative Technologies's Total Assets for the quarter that ended in Mar. 2026 was ₹4,378 Mil. Therefore, Vinyas Innovative Technologies's Asset Turnover for the quarter that ended in Mar. 2026 was 0.69.

Asset Turnover is linked to ROE % through Du Pont Formula. Vinyas Innovative Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was 19.12%. It is also linked to ROA % through Du Pont Formula. Vinyas Innovative Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 9.84%.


Vinyas Innovative Technologies  (NSE:VINYAS) Asset Turnover Explanation

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

Vinyas Innovative Technologies's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=430.636/2252.8105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(430.636 / 6047.786)*(6047.786 / 4378.3385)*(4378.3385/ 2252.8105)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.12 %*1.3813*1.9435
=ROA %*Equity Multiplier
=9.84 %*1.9435
=19.12 %

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.

** 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:

Vinyas Innovative Technologies's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=430.636/4378.3385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(430.636 / 6047.786)*(6047.786 / 4378.3385)
=Net Margin %*Asset Turnover
=7.12 %*1.3813
=9.84 %

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.


Vinyas Innovative Technologies Asset Turnover Related Terms


Vinyas Innovative Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies Asset Turnover Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.02 1.07 1.21 1.24 1.29

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.58 0.50 0.80 0.58 0.69

NSE:VINYAS vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.


Vinyas Innovative Technologies Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Vinyas Innovative Technologies's Asset Turnover falls into.


NSE:VINYAS
53GF Score
Vinyas Innovative Technologies Ltd NSE:VINYAS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinyas Innovative Technologies Asset Turnover Calculation

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

Vinyas Innovative Technologies'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 )
=5143.237/( (3302.887+4683.744)/ 2 )
=5143.237/3993.3155
=1.29

Vinyas Innovative Technologies'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 )
=3023.893/( (4072.933+4683.744)/ 2 )
=3023.893/4378.3385
=0.69

* 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 0.69 mean?
Vinyas Innovative Technologies (NSE:VINYAS) has a Asset Turnover of 0.69 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vinyas Innovative Technologies and its competitors.
Is Vinyas Innovative Technologies' Asset Turnover too high?
Vinyas Innovative Technologies' current Asset Turnover is 0.69. Overall, Vinyas Innovative Technologies has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Vinyas Innovative Technologies' Asset Turnover compare to VRT and BE?
Vinyas Innovative Technologies' Asset Turnover of 0.69 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 Vinyas Innovative Technologies and its competitors. Vinyas Innovative Technologies's current Asset Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinyas Innovative Technologies stock overvalued right now?
Vinyas Innovative Technologies (NSE:VINYAS) has a current Asset Turnover of 0.69. The current Asset Turnover is 0.69. Vinyas Innovative Technologies' overall GF Score™ is 53/100 with 4 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 Vinyas Innovative Technologies (NSE:VINYAS), the current Asset Turnover is 0.69 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.

Vinyas Innovative Technologies Business Description

Address Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering, and electronics manufacturing services catering to Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad varieties of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state of the art infrastructure, Vinyas supports its partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.
53GF 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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