Garware Hi-tech films (Earlier Garware polyester)

Hi @gurjeev , the Fixed Asset Turnover was 1.31 in FY16 and it dropped to 0.71 in FY17 and is lower than 1 since then. The reason for the same is because in FY18 they did a fair value measurement for land. (They restated FY17 numbers in FY18)

Attaching snapshot from FY18 annual Report:

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