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Veljan DenisonBOM:505232 +1.43%75 3-Year ROIIC % is 19.37 as of Mar. 2026, which is 37% above its 10-year median of 14.18. GuruFocus rates BOM:505232 with a GF Score™ of 75/100 and a GF Value™ of ₹1,293.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,933 Industrial Products companies, Veljan Denison ranks better than 72.86% 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.
Veljan Denison's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 19.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Veljan Denison's 3-Year ROIIC % or its related term are showing as below:
BOM:505232's 3-Year ROIIC % is ranked better than 72.86% of 2933
companies
in the Industrial Products industry
Industry Median: 3.47
vs BOM:505232: 19.37
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.
Veljan Denison 3-Year ROIIC % Related Terms
Veljan Denison 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Veljan Denison'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:505232 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Veljan Denison'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.
Veljan Denison 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Veljan Denison's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Veljan Denison'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.
Veljan Denison (BOM:505232) has a 3-Year ROIIC % of 19.37 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 Veljan Denison and its competitors. This is 37% above median its historical median of 14.18. According to the industry distribution chart, Veljan Denison ranks #796 out of 2933 companies in the Industrial Products industry, placing it in the top 27.1%.
Is Veljan Denison's 3-Year ROIIC % too high?
Veljan Denison's current 3-Year ROIIC % of 19.37 is 37% above median its 10-year median of 14.18. The Industrial Products industry median 3-Year ROIIC % is 3.47. Veljan Denison's value of 19.37 is 458.2% above this industry median. Based on the distribution chart, Veljan Denison ranks #796 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Veljan Denison has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veljan Denison's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Veljan Denison ranks #796 out of 2933 companies for 3-Year ROIIC %. This puts Veljan Denison in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. Veljan Denison's value of 19.37 is 458.2% above this benchmark. While the company's 10-year median is 14.18 vs. the industry median of 3.47, Veljan Denison 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.47, based on 2,933 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. Veljan Denison's current 3-Year ROIIC % of 19.37 is 458.2% 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 Veljan Denison and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veljan Denison's current 3-Year ROIIC % is 19.37, which is 37% above median its own 10-year median of 14.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veljan Denison stock overvalued right now?
Based on GuruFocus' analysis, Veljan Denison (BOM:505232) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,293.17, compared to a current price of ₹1,842.00 — trading 42.4% above its estimated fair value. The current 3-Year ROIIC % is 19.37, which is 37% above median its 10-year median of 14.18 and 458.2% above the Industrial Products industry median of 3.47. Veljan Denison's overall GF Score™ is 75/100 with 7 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 Veljan Denison (BOM:505232), the current 3-Year ROIIC % is 19.37 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 Veljan Denison (BOM:505232) Overvalued in 2026?
Based on GuruFocus' analysis, Veljan Denison stock appears to be overvalued.
The current stock price of ₹1,842.00 is trading 42.4% above its estimated GF Value™ of ₹1,293.17.
GuruFocus considers Veljan Denison to be Significantly Overvalued.
Key valuation signals for BOM:505232:
3-Year ROIIC %: 19.37 (37% above median its 10-year median of 14.18)
GF Value™: ₹1,293.17 vs. price of ₹1,842.00 (42.4% above fair value)
Industry Position: 458.2% above the Industrial Products median (#796 of 2933)
No single metric tells the full story. See the BOM:505232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veljan Denison Ltd is an Indian-based company involved in diversified industry business sector. The company manufactures pumps, motors, valves, and custom-built power packs. It operates in one segment namely, Hydraulic equipment. Some of its products include Single Gear Pumps; Double Gear Pumps; Triple Gear Pumps; Bearing Pumps; Truck Pumps; Rig Pumps; Vane Motors; Pressure Controls; Seat Valves; Double Vane Pumps; HT Series; HG Series; Manifolds; Steering Gear System; Fin Stabilizer System and others. Majority of the revenue is generated from the sale of Pumps, Motors, Valves, and Spares.
75GF Score
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