Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Jai Balaji Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -3.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Jai Balaji Industries's 3-Year ROIIC % or its related term are showing as below:
BOM:532976's 3-Year ROIIC % is ranked worse than 58.71% of 603
companies
in the Steel industry
Industry Median: -0.23
vs BOM:532976: -3.99
Jai Balaji Industries (BOM:532976) 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.
Jai Balaji Industries 3-Year ROIIC % Related Terms
Jai Balaji Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Jai Balaji 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:532976 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Jai Balaji 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.
Jai Balaji Industries 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Jai Balaji Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Jai Balaji 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.
Jai Balaji Industries (BOM:532976) has a 3-Year ROIIC % of -3.99 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 Jai Balaji Industries and its competitors. According to the industry distribution chart, Jai Balaji Industries ranks #354 out of 603 companies in the Steel industry, placing it in the top 58.7%.
Is Jai Balaji Industries' 3-Year ROIIC % too high?
Jai Balaji Industries' current 3-Year ROIIC % is -3.99. Based on the distribution chart, Jai Balaji Industries ranks #354 out of 603 companies in the Steel industry, which is below the industry midpoint. Overall, Jai Balaji Industries has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Jai Balaji Industries ranks #354 out of 603 companies for 3-Year ROIIC %. This places Jai Balaji Industries in the lower half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. 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 Jai Balaji Industries and its competitors. Jai Balaji Industries's current 3-Year ROIIC % is -3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹124.65, compared to a current price of ₹70.82 — trading 43.2% below its estimated fair value. The current 3-Year ROIIC % is -3.99. Jai Balaji Industries' overall GF Score™ is 61/100 with 2 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 Jai Balaji Industries (BOM:532976), the current 3-Year ROIIC % is -3.99 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 Jai Balaji Industries (BOM:532976) Overvalued in 2026?
Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued.
The current stock price of ₹70.82 is trading 43.2% below its estimated GF Value™ of ₹124.65.
GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.
Key valuation signals for BOM:532976:
3-Year ROIIC %: -3.99
GF Value™: ₹124.65 vs. price of ₹70.82 (43.2% below fair value)
No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
61GF Score
Get the complete analysis for BOM:532976
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532976 has been successfully added to your 
