Krishanveer Forge (BOM:513369) 3-Year ROIIC % : -502.60% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:513369 Krishanveer Forge Ltd BOM:513369
74 GF Score
Price ₹133.00
GF Value ₹128.85
Valuation Fairly Valued
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What is Krishanveer Forge 3-Year ROIIC %?

Krishanveer Forge BOM:513369 -2.88% 74 3-Year ROIIC % is -502.60 as of Mar. 2026. GuruFocus rates BOM:513369 with a GF Score™ of 74/100 and a GF Value™ of ₹128.85 (Fairly Valued). Among 2,934 Industrial Products companies, Krishanveer Forge ranks worse than 98.43% 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. Krishanveer Forge's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -502.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Krishanveer Forge's 3-Year ROIIC % or its related term are showing as below:

BOM:513369's 3-Year ROIIC % is ranked worse than
98.43% of 2934 companies
in the Industrial Products industry
Industry Median: 3.52 vs BOM:513369: -502.60

Krishanveer Forge  (BOM:513369) 3-Year ROIIC % Explanation

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.


Krishanveer Forge 3-Year ROIIC % Related Terms


Krishanveer Forge 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Krishanveer Forge'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.

Krishanveer Forge 3-Year ROIIC % Chart

Krishanveer Forge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 -117.52 0.17 -15.03 -502.60

Krishanveer Forge Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -502.60 0.00

BOM:513369 vs ATI, CRS, MLI: 3-Year ROIIC % Comparison

For the Metal Fabrication subindustry, Krishanveer Forge'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.


Krishanveer Forge 3-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishanveer Forge's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Krishanveer Forge's 3-Year ROIIC % falls into.


BOM:513369
74GF Score
Krishanveer Forge Ltd BOM:513369
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krishanveer Forge 3-Year ROIIC % Calculation

Krishanveer Forge's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 82.9142244 (Mar. 2026) - 20.7121299 (Mar. 2023) )/( 356.491 (Mar. 2026) - 368.867 (Mar. 2023) )
=62.2020945/-12.376
=-502.60%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -502.60 mean?
Krishanveer Forge (BOM:513369) has a 3-Year ROIIC % of -502.60 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 Krishanveer Forge and its competitors. According to the industry distribution chart, Krishanveer Forge ranks #2888 out of 2934 companies in the Industrial Products industry, placing it in the top 98.4%.
Is Krishanveer Forge's 3-Year ROIIC % too high?
Krishanveer Forge's current 3-Year ROIIC % is -502.60. Based on the distribution chart, Krishanveer Forge ranks #2888 out of 2934 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Krishanveer Forge has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's 3-Year ROIIC % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #2888 out of 2934 companies for 3-Year ROIIC %. This places Krishanveer Forge in the lower half of its industry. The industry median 3-Year ROIIC % is 3.52. 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 3.52, based on 2,934 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 Krishanveer Forge and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishanveer Forge's current 3-Year ROIIC % is -502.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Fairly Valued. The stock's GF Value™ is ₹128.85, compared to a current price of ₹133.00 — trading 3.2% above its estimated fair value. The current 3-Year ROIIC % is -502.60. Krishanveer Forge's overall GF Score™ is 74/100. 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 Krishanveer Forge (BOM:513369), the current 3-Year ROIIC % is -502.60 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?

Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued. The current stock price of ₹133.00 is trading 3.2% above its estimated GF Value™ of ₹128.85. GuruFocus considers Krishanveer Forge to be Fairly Valued.

Key valuation signals for BOM:513369:

  • 3-Year ROIIC %: -502.60
  • GF Value™: ₹128.85 vs. price of ₹133.00 (3.2% above fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Krishanveer Forge Business Description

Address Global Square, S. No. 247, Office No. 511 to 513, 14B, Yerawada, Pune, MH, IND, 411 006
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
74GF Score

Get the complete analysis for BOM:513369

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹133.00
Price
₹128.85
GF Value