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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.
Bajaj Steel Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -15.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bajaj Steel Industries's 3-Year ROIIC % or its related term are showing as below:
BOM:507944's 3-Year ROIIC % is ranked worse than 75.35% of 2925
companies
in the Industrial Products industry
Industry Median: 3.45
vs BOM:507944: -15.76
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.
Bajaj Steel Industries 3-Year ROIIC % Related Terms
Bajaj Steel Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bajaj Steel Industries'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:507944 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.
Bajaj Steel Industries 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries'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.
Bajaj Steel Industries (BOM:507944) has a 3-Year ROIIC % of -15.76 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 Bajaj Steel Industries and its competitors. According to the industry distribution chart, Bajaj Steel Industries ranks #2204 out of 2925 companies in the Industrial Products industry, placing it in the top 75.4%.
Is Bajaj Steel Industries' 3-Year ROIIC % too high?
Bajaj Steel Industries' current 3-Year ROIIC % is -15.76. Based on the distribution chart, Bajaj Steel Industries ranks #2204 out of 2925 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bajaj Steel Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #2204 out of 2925 companies for 3-Year ROIIC %. This places Bajaj Steel Industries in the lower half of its industry. The industry median 3-Year ROIIC % is 3.45. 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 3.45, based on 2,925 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. 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 Bajaj Steel Industries and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current 3-Year ROIIC % is -15.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹439.48, compared to a current price of ₹361.80 — trading 17.7% below its estimated fair value. The current 3-Year ROIIC % is -15.76. Bajaj Steel Industries' overall GF Score™ is 71/100 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 Bajaj Steel Industries (BOM:507944), the current 3-Year ROIIC % is -15.76 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued.
The current stock price of ₹361.80 is trading 17.7% below its estimated GF Value™ of ₹439.48.
GuruFocus considers Bajaj Steel Industries to be Modestly Undervalued.
Key valuation signals for BOM:507944:
3-Year ROIIC %: -15.76
GF Value™: ₹439.48 vs. price of ₹361.80 (17.7% below fair value)
No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
71GF Score
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