VMS TMT (NSE:VMSTMT) Asset Turnover: 0.46 (As of Mar. 2026)


NSE:VMSTMT VMS TMT Ltd NSE:VMSTMT
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What is VMS TMT Asset Turnover?

VMS TMT NSE:VMSTMT +1.55% 12 Asset Turnover is 0.46 as of Mar. 2026. GuruFocus rates NSE:VMSTMT with a GF Score™ of 12/100. The stock has 3 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. VMS TMT's Revenue for the three months ended in Mar. 2026 was ₹2,411 Mil. VMS TMT's Total Assets for the quarter that ended in Mar. 2026 was ₹5,194 Mil. Therefore, VMS TMT's Asset Turnover for the quarter that ended in Mar. 2026 was 0.46.

Asset Turnover is linked to ROE % through Du Pont Formula. VMS TMT's annualized ROE % for the quarter that ended in Mar. 2026 was 4.02%. It is also linked to ROA % through Du Pont Formula. VMS TMT's annualized ROA % for the quarter that ended in Mar. 2026 was 1.76%.

VMS TMT  (NSE:VMSTMT) Asset Turnover Explanation

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

VMS TMT's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=91.596/2281.328
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(91.596 / 9644.456)*(9644.456 / 5194.116)*(5194.116/ 2281.328)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.95 %*1.8568*2.2768
=ROA %*Equity Multiplier
=1.76 %*2.2768
=4.02 %

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:

VMS TMT's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=91.596/5194.116
=(Net Income / Revenue)*(Revenue / Total Assets)
=(91.596 / 9644.456)*(9644.456 / 5194.116)
=Net Margin %*Asset Turnover
=0.95 %*1.8568
=1.76 %

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.

VMS TMT Asset Turnover Related Terms

VMS TMT Asset Turnover Historical Data

* Premium members only.

The historical data trend for VMS TMT'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.

VMS TMT Asset Turnover Chart

VMS TMT Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
3.13 4.58 3.41 2.21 1.80

VMS TMT Quarterly Data
Mar22 Mar23 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.54 0.49 0.35 0.35 0.46

NSE:VMSTMT vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, VMS TMT'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.

VMS TMT Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, VMS TMT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where VMS TMT's Asset Turnover falls into.


NSE:VMSTMT
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VMS TMT Ltd NSE:VMSTMT
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VMS TMT Asset Turnover Calculation

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

VMS TMT'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 )
=8385.574/( (4120.634+5194.116)/ 2 )
=8385.574/4657.375
=1.80

VMS TMT'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 )
=2411.114/( (0+5194.116)/ 1 )
=2411.114/5194.116
=0.46

* 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 0.46 mean?
VMS TMT (NSE:VMSTMT) has a Asset Turnover of 0.46 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on VMS TMT and its competitors.
Is VMS TMT's Asset Turnover too high?
VMS TMT's current Asset Turnover is 0.46. Overall, VMS TMT has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VMS TMT's Asset Turnover compare to NUE and STLD?
VMS TMT's Asset Turnover of 0.46 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 VMS TMT and its competitors. VMS TMT's current Asset Turnover is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS TMT stock overvalued right now?
VMS TMT (NSE:VMSTMT) has a current Asset Turnover of 0.46. The current Asset Turnover is 0.46. VMS TMT's overall GF Score™ is 12/100 with 3 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 VMS TMT (NSE:VMSTMT), the current Asset Turnover is 0.46 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.

VMS TMT Business Description

Other Exchanges 544521:India
Address Survey No. 214, Near Water Tank, Bhayla, Ahmedabad, GJ, IND, 382220
VMS TMT Ltd is engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely in construction industry due to their exceptional strength, ductility, and corrosion resistance. Its revenue from operations also includes sale of scrap, binding wires and billets.
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