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Nitin CastingsBOM:508875 +4.99%70 3-Year ROIIC % is 21.30 as of Mar. 2026, which is 1929% above its 10-year median of 1.05. GuruFocus rates BOM:508875 with a GF Score™ of 70/100 and a GF Value™ of ₹557.10 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,931 Industrial Products companies, Nitin Castings ranks better than 74.41% 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.
Nitin Castings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 21.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nitin Castings's 3-Year ROIIC % or its related term are showing as below:
BOM:508875's 3-Year ROIIC % is ranked better than 74.41% of 2931
companies
in the Industrial Products industry
Industry Median: 3.5
vs BOM:508875: 21.30
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.
Nitin Castings 3-Year ROIIC % Related Terms
Nitin Castings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nitin Castings'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:508875 vs CRS, ATI, MLI: 3-Year ROIIC % Comparison
For the Metal Fabrication subindustry, Nitin Castings'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.
Nitin Castings 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitin Castings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nitin Castings'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.
Nitin Castings (BOM:508875) has a 3-Year ROIIC % of 21.30 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 Nitin Castings and its competitors. This is 1929% above median its historical median of 1.05. According to the industry distribution chart, Nitin Castings ranks #750 out of 2931 companies in the Industrial Products industry, placing it in the top 25.6%.
Is Nitin Castings' 3-Year ROIIC % too high?
Nitin Castings' current 3-Year ROIIC % of 21.30 is 1929% above median its 10-year median of 1.05. The Industrial Products industry median 3-Year ROIIC % is 3.50. Nitin Castings' value of 21.30 is 508.6% above this industry median. Based on the distribution chart, Nitin Castings ranks #750 out of 2931 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitin Castings has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Castings' 3-Year ROIIC % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nitin Castings ranks #750 out of 2931 companies for 3-Year ROIIC %. This puts Nitin Castings in the upper half of its industry. The industry median 3-Year ROIIC % is 3.50. Nitin Castings' value of 21.30 is 508.6% above this benchmark. While the company's 10-year median is 1.05 vs. the industry median of 3.50, Nitin Castings 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 3.50, based on 2,931 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. Nitin Castings's current 3-Year ROIIC % of 21.30 is 508.6% 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 Nitin Castings and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Castings's current 3-Year ROIIC % is 21.30, which is 1929% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Castings stock overvalued right now?
Based on GuruFocus' analysis, Nitin Castings (BOM:508875) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹557.10, compared to a current price of ₹284.25 — trading 49% below its estimated fair value. The current 3-Year ROIIC % is 21.30, which is 1929% above median its 10-year median of 1.05 and 508.6% above the Industrial Products industry median of 3.50. Nitin Castings' overall GF Score™ is 70/100 with 1 warning sign 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 Nitin Castings (BOM:508875), the current 3-Year ROIIC % is 21.30 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 Nitin Castings (BOM:508875) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Castings stock appears to be undervalued.
The current stock price of ₹284.25 is trading 49% below its estimated GF Value™ of ₹557.10.
GuruFocus considers Nitin Castings to be Significantly Undervalued.
Key valuation signals for BOM:508875:
3-Year ROIIC %: 21.30 (1929% above median its 10-year median of 1.05)
GF Value™: ₹557.10 vs. price of ₹284.25 (49% below fair value)
Industry Position: 508.6% above the Industrial Products median (#750 of 2931)
No single metric tells the full story. See the BOM:508875 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Castings Ltd is an Indian based company that operates in the alloy steel castings business. It is involved in the manufacturing of manganese steel, low alloy steel, and chromium steel. The product offered by the group includes balls for ball valves, seat rings, cages, hydrant valves, strainers, grate bars, chain links, side plates, and others. The company operates in a single segment, i.e., Manufacturing of Alloy Steel Castings.
70GF Score
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