Vibhor Steel Tubes (NSE:VSTL) Asset Turnover: 0.76 (As of Mar. 2026)


NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
34 GF Score
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! 3 Warning Signs
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What is Vibhor Steel Tubes Asset Turnover?

Vibhor Steel Tubes NSE:VSTL -0.44% 34 Asset Turnover is 0.76 as of Mar. 2026. GuruFocus rates NSE:VSTL with a GF Score™ of 34/100. 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. Vibhor Steel Tubes's Revenue for the three months ended in Mar. 2026 was ₹3,351 Mil. Vibhor Steel Tubes's Total Assets for the quarter that ended in Mar. 2026 was ₹4,391 Mil. Therefore, Vibhor Steel Tubes's Asset Turnover for the quarter that ended in Mar. 2026 was 0.76.

Asset Turnover is linked to ROE % through Du Pont Formula. Vibhor Steel Tubes's annualized ROE % for the quarter that ended in Mar. 2026 was 5.23%. It is also linked to ROA % through Du Pont Formula. Vibhor Steel Tubes's annualized ROA % for the quarter that ended in Mar. 2026 was 2.35%.


Vibhor Steel Tubes  (NSE:VSTL) Asset Turnover Explanation

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

Vibhor Steel Tubes's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=102.984/1970.008
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(102.984 / 13405.172)*(13405.172 / 4390.574)*(4390.574/ 1970.008)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.77 %*3.0532*2.2287
=ROA %*Equity Multiplier
=2.35 %*2.2287
=5.23 %

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:

Vibhor Steel Tubes's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=102.984/4390.574
=(Net Income / Revenue)*(Revenue / Total Assets)
=(102.984 / 13405.172)*(13405.172 / 4390.574)
=Net Margin %*Asset Turnover
=0.77 %*3.0532
=2.35 %

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.


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.


Vibhor Steel Tubes Asset Turnover Related Terms


Vibhor Steel Tubes Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes Asset Turnover Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 3.88 4.11 3.17 2.33 2.52

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 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 0.61 0.49 0.56 0.60 0.76

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

For the Steel subindustry, Vibhor Steel Tubes'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.


Vibhor Steel Tubes Asset Turnover vs Steel Industry

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

* The bar in red indicates where Vibhor Steel Tubes's Asset Turnover falls into.


NSE:VSTL
34GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibhor Steel Tubes Asset Turnover Calculation

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

Vibhor Steel Tubes'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 )
=11493.51/( (4733.527+4390.574)/ 2 )
=11493.51/4562.0505
=2.52

Vibhor Steel Tubes'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 )
=3351.293/( (0+4390.574)/ 1 )
=3351.293/4390.574
=0.76

* 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 0.76 mean?
Vibhor Steel Tubes (NSE:VSTL) has a Asset Turnover of 0.76 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vibhor Steel Tubes and its competitors.
Is Vibhor Steel Tubes' Asset Turnover too high?
Vibhor Steel Tubes' current Asset Turnover is 0.76. Overall, Vibhor Steel Tubes has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' Asset Turnover compare to NUE and STLD?
Vibhor Steel Tubes' Asset Turnover of 0.76 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 Vibhor Steel Tubes and its competitors. Vibhor Steel Tubes's current Asset Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current Asset Turnover of 0.76. The current Asset Turnover is 0.76. Vibhor Steel Tubes' overall GF Score™ is 34/100 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 Vibhor Steel Tubes (NSE:VSTL), the current Asset Turnover is 0.76 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
34GF 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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