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Eveready Industries IndiaBOM:531508 +1.05%67 3-Year ROIIC % is 40.45 as of Mar. 2026, which is 1376% above its 10-year median of 2.74. GuruFocus rates BOM:531508 with a GF Score™ of 67/100 and a GF Value™ of ₹390.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,924 Industrial Products companies, Eveready Industries India ranks better than 84.37% 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.
Eveready Industries India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 40.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Eveready Industries India's 3-Year ROIIC % or its related term are showing as below:
BOM:531508's 3-Year ROIIC % is ranked better than 84.37% of 2924
companies
in the Industrial Products industry
Industry Median: 3.51
vs BOM:531508: 40.45
Eveready Industries India (BOM:531508) 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.
Eveready Industries India 3-Year ROIIC % Related Terms
Eveready Industries India 3-Year ROIIC % Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.
Eveready Industries India 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eveready Industries India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Eveready Industries India's 3-Year ROIIC % falls into.
Eveready Industries India 3-Year ROIIC % Calculation
Eveready Industries India'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**
=
( 1348.898 (Mar. 2026) - 664.7814 (Mar. 2023) )
/
( 9554.672 (Mar. 2026) - 7863.425 (Mar. 2023) )
=
684.1166
/
1691.247
=
40.45%***
* 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.
Eveready Industries India (BOM:531508) has a 3-Year ROIIC % of 40.45 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 Eveready Industries India and its competitors. This is 1376% above median its historical median of 2.74. According to the industry distribution chart, Eveready Industries India ranks #457 out of 2924 companies in the Industrial Products industry, placing it in the top 15.6%.
Is Eveready Industries India's 3-Year ROIIC % too high?
Eveready Industries India's current 3-Year ROIIC % of 40.45 is 1376% above median its 10-year median of 2.74. The Industrial Products industry median 3-Year ROIIC % is 3.51. Eveready Industries India's value of 40.45 is 1052.4% above this industry median. Based on the distribution chart, Eveready Industries India ranks #457 out of 2924 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Eveready Industries India has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's 3-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #457 out of 2924 companies for 3-Year ROIIC %. This places Eveready Industries India in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.51. Eveready Industries India's value of 40.45 is 1052.4% above this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 3.51, Eveready Industries India 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 3.51, based on 2,924 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. Eveready Industries India's current 3-Year ROIIC % of 40.45 is 1052.4% 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current 3-Year ROIIC % is 40.45, which is 1376% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Fairly Valued. The stock's GF Value™ is ₹390.80, compared to a current price of ₹357.40 — trading 8.5% below its estimated fair value. The current 3-Year ROIIC % is 40.45, which is 1376% above median its 10-year median of 2.74 and 1052.4% above the Industrial Products industry median of 3.51. Eveready Industries India's overall GF Score™ is 67/100 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 Eveready Industries India (BOM:531508), the current 3-Year ROIIC % is 40.45 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 Eveready Industries India (BOM:531508) Overvalued in 2026?
Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued.
The current stock price of ₹357.40 is trading 8.5% below its estimated GF Value™ of ₹390.80.
GuruFocus considers Eveready Industries India to be Fairly Valued.
Key valuation signals for BOM:531508:
3-Year ROIIC %: 40.45 (1376% above median its 10-year median of 2.74)
GF Value™: ₹390.80 vs. price of ₹357.40 (8.5% below fair value)
Industry Position: 1052.4% above the Industrial Products median (#457 of 2924)
No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
67GF Score
Get the complete analysis for BOM:531508
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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