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Nidhi GranitesBOM:512103 +2.05%70 3-Year ROIIC % is 62.91 as of Mar. 2026, which is 1767% above its 10-year median of 3.37. GuruFocus rates BOM:512103 with a GF Score™ of 70/100 and a GF Value™ of ₹222.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 383 Building Materials companies, Nidhi Granites ranks better than 88.77% 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.
Nidhi Granites's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 62.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nidhi Granites's 3-Year ROIIC % or its related term are showing as below:
BOM:512103's 3-Year ROIIC % is ranked better than 88.77% of 383
companies
in the Building Materials industry
Industry Median: 4.8
vs BOM:512103: 62.91
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.
Nidhi Granites 3-Year ROIIC % Related Terms
Nidhi Granites 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nidhi Granites'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:512103 vs CRH, VMC, MLM: 3-Year ROIIC % Comparison
For the Building Materials subindustry, Nidhi Granites'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.
Nidhi Granites 3-Year ROIIC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nidhi Granites's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nidhi Granites'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.
Nidhi Granites (BOM:512103) has a 3-Year ROIIC % of 62.91 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 Nidhi Granites and its competitors. This is 1767% above median its historical median of 3.37. According to the industry distribution chart, Nidhi Granites ranks #43 out of 383 companies in the Building Materials industry, placing it in the top 11.2%.
Is Nidhi Granites' 3-Year ROIIC % too high?
Nidhi Granites' current 3-Year ROIIC % of 62.91 is 1767% above median its 10-year median of 3.37. The Building Materials industry median 3-Year ROIIC % is 4.80. Nidhi Granites' value of 62.91 is 1210.6% above this industry median. Based on the distribution chart, Nidhi Granites ranks #43 out of 383 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Nidhi Granites has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #43 out of 383 companies for 3-Year ROIIC %. This places Nidhi Granites in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.80. Nidhi Granites' value of 62.91 is 1210.6% above this benchmark. While the company's 10-year median is 3.37 vs. the industry median of 4.80, Nidhi Granites 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 4.80, based on 383 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. Nidhi Granites's current 3-Year ROIIC % of 62.91 is 1210.6% 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 Nidhi Granites and its competitors. For the Building Materials industry, the median 3-Year ROIIC % is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current 3-Year ROIIC % is 62.91, which is 1767% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹222.16, compared to a current price of ₹300.90 — trading 35.4% above its estimated fair value. The current 3-Year ROIIC % is 62.91, which is 1767% above median its 10-year median of 3.37 and 1210.6% above the Building Materials industry median of 4.80. Nidhi Granites' overall GF Score™ is 70/100 with 4 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 Nidhi Granites (BOM:512103), the current 3-Year ROIIC % is 62.91 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 Nidhi Granites (BOM:512103) Overvalued in 2026?
Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued.
The current stock price of ₹300.90 is trading 35.4% above its estimated GF Value™ of ₹222.16.
GuruFocus considers Nidhi Granites to be Significantly Overvalued.
Key valuation signals for BOM:512103:
3-Year ROIIC %: 62.91 (1767% above median its 10-year median of 3.37)
GF Value™: ₹222.16 vs. price of ₹300.90 (35.4% above fair value)
Industry Position: 1210.6% above the Building Materials median (#43 of 383)
No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
70GF Score
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