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Nilachal RefractoriesBOM:502294 -2.21%44 3-Year ROIIC % is 7.78 as of Mar. 2026, which is 20% above its 10-year median of 6.46. GuruFocus rates BOM:502294 with a GF Score™ of 44/100 and a GF Value™ of ₹66.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 382 Building Materials companies, Nilachal Refractories ranks better than 56.02% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Nilachal Refractories's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nilachal Refractories's 3-Year ROIIC % or its related term are showing as below:
BOM:502294's 3-Year ROIIC % is ranked better than 56.02% of 382
companies
in the Building Materials industry
Industry Median: 4.755
vs BOM:502294: 7.78
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Nilachal Refractories 3-Year ROIIC % Related Terms
Nilachal Refractories 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nilachal Refractories's 3-Year ROIIC % 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.
BOM:502294 vs CRH, VMC, MLM: 3-Year ROIIC % Comparison
For the Building Materials subindustry, Nilachal Refractories's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Nilachal Refractories 3-Year ROIIC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nilachal Refractories's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nilachal Refractories's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Nilachal Refractories (BOM:502294) has a 3-Year ROIIC % of 7.78 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nilachal Refractories and its competitors. This is 20% above median its historical median of 6.46. According to the industry distribution chart, Nilachal Refractories ranks #168 out of 382 companies in the Building Materials industry, placing it in the top 44%.
Is Nilachal Refractories' 3-Year ROIIC % too high?
Nilachal Refractories' current 3-Year ROIIC % of 7.78 is 20% above median its 10-year median of 6.46. The Building Materials industry median 3-Year ROIIC % is 4.76. Nilachal Refractories' value of 7.78 is 63.6% above this industry median. Based on the distribution chart, Nilachal Refractories ranks #168 out of 382 companies in the Building Materials industry, which is above the industry midpoint. Overall, Nilachal Refractories has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nilachal Refractories' 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nilachal Refractories ranks #168 out of 382 companies for 3-Year ROIIC %. This puts Nilachal Refractories in the upper half of its industry. The industry median 3-Year ROIIC % is 4.76. Nilachal Refractories' value of 7.78 is 63.6% above this benchmark. While the company's 10-year median is 6.46 vs. the industry median of 4.76, Nilachal Refractories has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Building Materials company?
The median 3-Year ROIIC % among Building Materials companies is 4.76, based on 382 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nilachal Refractories's current 3-Year ROIIC % of 7.78 is 63.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nilachal Refractories and its competitors. For the Building Materials industry, the median 3-Year ROIIC % is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nilachal Refractories's current 3-Year ROIIC % is 7.78, which is 20% above median its own 10-year median of 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nilachal Refractories stock overvalued right now?
Based on GuruFocus' analysis, Nilachal Refractories (BOM:502294) is currently considered Possible Value Trap. The stock's GF Value™ is ₹66.89, compared to a current price of ₹39.00 — trading 41.7% below its estimated fair value. The current 3-Year ROIIC % is 7.78, which is 20% above median its 10-year median of 6.46 and 63.6% above the Building Materials industry median of 4.76. Nilachal Refractories' overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Nilachal Refractories (BOM:502294), the current 3-Year ROIIC % is 7.78 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 Nilachal Refractories (BOM:502294) Overvalued in 2026?
Based on GuruFocus' analysis, Nilachal Refractories stock appears to be undervalued.
The current stock price of ₹39.00 is trading 41.7% below its estimated GF Value™ of ₹66.89.
GuruFocus considers Nilachal Refractories to be Possible Value Trap.
Key valuation signals for BOM:502294:
3-Year ROIIC %: 7.78 (20% above median its 10-year median of 6.46)
GF Value™: ₹66.89 vs. price of ₹39.00 (41.7% below fair value)
Industry Position: 63.6% above the Building Materials median (#168 of 382)
No single metric tells the full story. See the BOM:502294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nilachal Refractories Ltd is an Indian company which is engaged in manufacturing of refractory motors, refractory bricks, refractory ceramic products and other. The product range of the company includes fireclay and high alumina refractories for blast furnaces, coke ovens steel teeming ladles, reheating furnaces, continuous casting units and refractories for non-ferrous industries, spall resistant bricks for severe thermal shock areas. It also manufactures alumina-based abrasion resistant bricks as well as thermal spalling resistant bricks for critical applications in ferrous and non-ferrous industries, high alumina abrasion resistant refractories and slide plate accessories.
44GF Score
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