Maruti Infrastructure (BOM:531540) ROIC %: 7.84% (As of Mar. 2026)


BOM:531540 Maruti Infrastructure Ltd BOM:531540
69 GF Score
Price ₹11.61
GF Value ₹26.95
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Maruti Infrastructure ROIC %?

Maruti Infrastructure BOM:531540 -1.53% 69 ROIC % is 7.84% as of Mar. 2026. GuruFocus rates BOM:531540 with a GF Score™ of 69/100 and a GF Value™ of ₹26.95 (Significantly Undervalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Maruti Infrastructure's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 7.84%.

As of today (2026-07-12), Maruti Infrastructure's WACC % is 9.14%. Maruti Infrastructure's ROIC % is 4.48% (calculated using TTM income statement data). Maruti Infrastructure earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Maruti Infrastructure  (BOM:531540) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Maruti Infrastructure's WACC % is 9.14%. Maruti Infrastructure's ROIC % is 4.48% (calculated using TTM income statement data). Maruti Infrastructure earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Maruti Infrastructure ROIC % Related Terms


Maruti Infrastructure ROIC % Historical Data

* Premium members only.

The historical data trend for Maruti Infrastructure's ROIC % 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.

Maruti Infrastructure ROIC % Chart

Maruti Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 4.11 4.87 6.49 4.45

Maruti Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.68 3.80 2.59 2.99 7.84

BOM:531540 vs PWR, FIX, EME: ROIC % Comparison

For the Engineering & Construction subindustry, Maruti Infrastructure's ROIC %, along with its competitors' market caps and ROIC % 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.


Maruti Infrastructure ROIC % vs Construction Industry

For the Construction industry and Industrials sector, Maruti Infrastructure's ROIC % distribution charts can be found below:

* The bar in red indicates where Maruti Infrastructure's ROIC % falls into.


BOM:531540
69GF Score
Maruti Infrastructure Ltd BOM:531540
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruti Infrastructure ROIC % Calculation

Maruti Infrastructure's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=31.133 * ( 1 - 28.55% )/( (481.25 + 518.545)/ 2 )
=22.2445285/499.8975
=4.45 %

where

Maruti Infrastructure's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=67.572 * ( 1 - 39.82% )/( (0 + 518.545)/ 1 )
=40.6648296/518.545
=7.84 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 7.84% mean?
Maruti Infrastructure (BOM:531540) has a ROIC % of 7.84% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Maruti Infrastructure and its competitors.
Is Maruti Infrastructure's ROIC % too high?
Maruti Infrastructure's current ROIC % is 7.84%. The Construction industry median ROIC % is 4.67. Maruti Infrastructure's value of 7.84% is 67.9% above this industry median. Overall, Maruti Infrastructure has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Infrastructure's ROIC % compare to PWR and FIX?
Maruti Infrastructure's ROIC % of 7.84% can be compared against companies in the Construction industry. The industry median ROIC % is 4.67. Maruti Infrastructure's value of 7.84% is 67.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Construction company?
The median ROIC % among Construction companies is 4.67, based on 1,753 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruti Infrastructure's current ROIC % of 7.84% is 67.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Maruti Infrastructure and its competitors. For the Construction industry, the median ROIC % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruti Infrastructure's current ROIC % is 7.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Maruti Infrastructure (BOM:531540) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹26.95, compared to a current price of ₹11.61 — trading 56.9% below its estimated fair value. The current ROIC % is 7.84% and 67.9% above the Construction industry median of 4.67. Maruti Infrastructure's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Maruti Infrastructure (BOM:531540), the current ROIC % is 7.84% 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.

Is Maruti Infrastructure (BOM:531540) Overvalued in 2026?

Based on GuruFocus' analysis, Maruti Infrastructure stock appears to be undervalued. The current stock price of ₹11.61 is trading 56.9% below its estimated GF Value™ of ₹26.95. GuruFocus considers Maruti Infrastructure to be Significantly Undervalued.

Key valuation signals for BOM:531540:

  • ROIC %: 7.84%
  • GF Value™: ₹26.95 vs. price of ₹11.61 (56.9% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 67.9% above the Construction median

No single metric tells the full story. See the BOM:531540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruti Infrastructure Business Description

Address S. G. Highway, 802, Surmount Building, Near Iscon Temple, Opposite Iscon Mega Mall, Ahmedabad, GJ, IND, 380 015
Maruti Infrastructure Ltd is engaged in the development and construction of infrastructure projects. The company's projects include Aaron Elegance; Ward Office Building and others. It generates revenue from the Development of Real Estate projects with the construction and Development of Infrastructure Projects.
69GF Score

Get the complete analysis for BOM:531540

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹11.61
Price
₹26.95
GF Value