Dollex Agrotech (NSE:DOLLEX) ROIC %: 6.98% (As of Mar. 2026)


NSE:DOLLEX Dollex Agrotech Ltd NSE:DOLLEX
77 GF Score
Price ₹30.10
GF Value ₹44.81
Valuation Possible Value Trap
! 9 Warning Signs
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What is Dollex Agrotech ROIC %?

Dollex Agrotech NSE:DOLLEX 77 ROIC % is 6.98% as of Mar. 2026. GuruFocus rates NSE:DOLLEX with a GF Score™ of 77/100 and a GF Value™ of ₹44.81 (Possible Value Trap). The stock has 9 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 %. Dollex Agrotech's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 6.98%.

As of today (2026-06-30), Dollex Agrotech's WACC % is 5.47%. Dollex Agrotech's ROIC % is 4.05% (calculated using TTM income statement data). Dollex Agrotech earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Dollex Agrotech  (NSE:DOLLEX) 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, Dollex Agrotech's WACC % is 5.47%. Dollex Agrotech's ROIC % is 4.05% (calculated using TTM income statement data). Dollex Agrotech 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.


Dollex Agrotech ROIC % Related Terms


Dollex Agrotech ROIC % Historical Data

* Premium members only.

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech ROIC % Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial 7.12 9.06 7.39 5.41 4.08

Dollex Agrotech Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Sep23 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 0.61 4.03 1.12 3.87 6.98

NSE:DOLLEX vs MDLZ, HSY, TR: ROIC % Comparison

For the Confectioners subindustry, Dollex Agrotech'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.


Dollex Agrotech ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dollex Agrotech's ROIC % distribution charts can be found below:

* The bar in red indicates where Dollex Agrotech's ROIC % falls into.


NSE:DOLLEX
77GF Score
Dollex Agrotech Ltd NSE:DOLLEX
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dollex Agrotech ROIC % Calculation

Dollex Agrotech'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 )
=140.521 * ( 1 - 20.8% )/( (2441.776 + 3007.316)/ 2 )
=111.292632/2724.546
=4.08 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2830.757 - 383.339 - ( 5.642 - max(0, 710.451 - 1656.519+5.642))
=2441.776

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4144.384 - 1118.045 - ( 19.023 - max(0, 1509.761 - 2558.927+19.023))
=3007.316

Dollex Agrotech'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 )
=283.156 * ( 1 - 25.92% )/( (0 + 3007.316)/ 1 )
=209.7619648/3007.316
=6.98 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4144.384 - 1118.045 - ( 19.023 - max(0, 1509.761 - 2558.927+19.023))
=3007.316

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 6.98% mean?
Dollex Agrotech (NSE:DOLLEX) has a ROIC % of 6.98% 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 Dollex Agrotech and its competitors.
Is Dollex Agrotech's ROIC % too high?
Dollex Agrotech's current ROIC % is 6.98%. The Consumer Packaged Goods industry median ROIC % is 5.13. Dollex Agrotech's value of 6.98% is 36.1% above this industry median. Overall, Dollex Agrotech has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollex Agrotech's ROIC % compare to MDLZ and HSY?
Dollex Agrotech's ROIC % of 6.98% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.13. Dollex Agrotech's value of 6.98% is 36.1% 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 Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.13, based on 1,944 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. Dollex Agrotech's current ROIC % of 6.98% is 36.1% 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 Dollex Agrotech and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollex Agrotech's current ROIC % is 6.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollex Agrotech stock overvalued right now?
Based on GuruFocus' analysis, Dollex Agrotech (NSE:DOLLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹44.81, compared to a current price of ₹30.10 — trading 32.8% below its estimated fair value. The current ROIC % is 6.98% and 36.1% above the Consumer Packaged Goods industry median of 5.13. Dollex Agrotech's overall GF Score™ is 77/100 with 9 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 Dollex Agrotech (NSE:DOLLEX), the current ROIC % is 6.98% 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 Dollex Agrotech (NSE:DOLLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Dollex Agrotech stock appears to be undervalued. The current stock price of ₹30.10 is trading 32.8% below its estimated GF Value™ of ₹44.81. GuruFocus considers Dollex Agrotech to be Possible Value Trap.

Key valuation signals for NSE:DOLLEX:

  • ROIC %: 6.98%
  • GF Value™: ₹44.81 vs. price of ₹30.10 (32.8% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 36.1% above the Consumer Packaged Goods median

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


Dollex Agrotech Business Description

Address 19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company produces and sells its primary products, which include jaggery powder, khandsari sugar, and sells by-products such as molasses, press mud, and bagasse. The bagasse generated produces power, enabling captive power generation up to 3 MW. The company operates through two segments: trading and manufacturing, with the manufacturing segment generating the maximum revenue.
77GF Score

Get the complete analysis for NSE:DOLLEX

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

₹30.10
Price
₹44.81
GF Value