Indogulf Cropsciences (NSE:IGCL) ROIC %: 8.31% (As of Mar. 2026)


NSE:IGCL Indogulf Cropsciences Ltd NSE:IGCL
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What is Indogulf Cropsciences ROIC %?

Indogulf Cropsciences NSE:IGCL +3.96% 16 ROIC % is 8.31% as of Mar. 2026. GuruFocus rates NSE:IGCL with a GF Score™ of 16/100. The stock has 4 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 %. Indogulf Cropsciences's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.31%.

As of today (2026-07-01), Indogulf Cropsciences's WACC % is 10.88%. Indogulf Cropsciences's ROIC % is 6.21% (calculated using TTM income statement data). Indogulf Cropsciences earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Indogulf Cropsciences  (NSE:IGCL) 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, Indogulf Cropsciences's WACC % is 10.88%. Indogulf Cropsciences's ROIC % is 6.21% (calculated using TTM income statement data). Indogulf Cropsciences 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.


Indogulf Cropsciences ROIC % Related Terms


Indogulf Cropsciences ROIC % Historical Data

* Premium members only.

The historical data trend for Indogulf Cropsciences'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.

Indogulf Cropsciences ROIC % Chart

Indogulf Cropsciences Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
9.74 8.85 9.24 9.32 7.04

Indogulf Cropsciences Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only 5.15 9.07 13.71 2.88 8.31

NSE:IGCL vs CTVA, CF, MOS: ROIC % Comparison

For the Agricultural Inputs subindustry, Indogulf Cropsciences'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.


Indogulf Cropsciences ROIC % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indogulf Cropsciences's ROIC % distribution charts can be found below:

* The bar in red indicates where Indogulf Cropsciences's ROIC % falls into.


NSE:IGCL
16GF Score
Indogulf Cropsciences Ltd NSE:IGCL
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indogulf Cropsciences ROIC % Calculation

Indogulf Cropsciences'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 )
=625.66 * ( 1 - 24.59% )/( (0 + 6697.85)/ 1 )
=471.810206/6697.85
=7.04 %

where

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))
=8233.89 - 1406.39 - ( 129.65 - max(0, 3476.34 - 6655.69+129.65))
=6697.85

Indogulf Cropsciences'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 )
=667.84 * ( 1 - 16.66% )/( (0 + 6697.85)/ 1 )
=556.577856/6697.85
=8.31 %

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))
=8233.89 - 1406.39 - ( 129.65 - max(0, 3476.34 - 6655.69+129.65))
=6697.85

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 8.31% mean?
Indogulf Cropsciences (NSE:IGCL) has a ROIC % of 8.31% 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 Indogulf Cropsciences and its competitors.
Is Indogulf Cropsciences' ROIC % too high?
Indogulf Cropsciences' current ROIC % is 8.31%. The Agriculture industry median ROIC % is 5.48. Indogulf Cropsciences' value of 8.31% is 51.6% above this industry median. Overall, Indogulf Cropsciences has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Indogulf Cropsciences' ROIC % compare to CTVA and CF?
Indogulf Cropsciences' ROIC % of 8.31% can be compared against companies in the Agriculture industry. The industry median ROIC % is 5.48. Indogulf Cropsciences' value of 8.31% is 51.6% 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 an Agriculture company?
The median ROIC % among Agriculture companies is 5.48, based on 257 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. Indogulf Cropsciences's current ROIC % of 8.31% is 51.6% 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 Indogulf Cropsciences and its competitors. For the Agriculture industry, the median ROIC % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indogulf Cropsciences's current ROIC % is 8.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indogulf Cropsciences stock overvalued right now?
Indogulf Cropsciences (NSE:IGCL) has a current ROIC % of 8.31%. The current ROIC % is 8.31% and 51.6% above the Agriculture industry median of 5.48. Indogulf Cropsciences' overall GF Score™ is 16/100 with 4 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 Indogulf Cropsciences (NSE:IGCL), the current ROIC % is 8.31% 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.

Indogulf Cropsciences Business Description

Other Exchanges 544432:India
Address Netaji Subhash Place, 501, Gopal Heights Plot No - D-9, New Delhi, IND, 110034
Indogulf Cropsciences Ltd is engaged in the manufacturing and trading activities of Agro chemicals, viz. Micro Nutrients, Pesticides, Fertilizers, etc, for agricultural purposes. Its products are Crop Protection, Biostimulant, Plant Supplements, Adjuvants, Technical & Formulations, and Public Health & Veterinary.
16GF Score

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