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.
Niraj Cement StructuralsBOM:532986 71 3-Year ROIIC % is 5.35 as of Mar. 2026, which is 127% above its 10-year median of 2.36. GuruFocus rates BOM:532986 with a GF Score™ of 71/100 and a GF Value™ of ₹32.12 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,690 Construction companies, Niraj Cement Structurals ranks better than 51.6% 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.
Niraj Cement Structurals's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Niraj Cement Structurals's 3-Year ROIIC % or its related term are showing as below:
BOM:532986's 3-Year ROIIC % is ranked better than 51.6% of 1690
companies
in the Construction industry
Industry Median: 4.63
vs BOM:532986: 5.35
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.
Niraj Cement Structurals 3-Year ROIIC % Related Terms
Niraj Cement Structurals 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.
BOM:532986 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Niraj Cement Structurals'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.
Niraj Cement Structurals 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Niraj Cement Structurals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Niraj Cement Structurals'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.
Niraj Cement Structurals (BOM:532986) has a 3-Year ROIIC % of 5.35 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 Niraj Cement Structurals and its competitors. This is 127% above median its historical median of 2.36. According to the industry distribution chart, Niraj Cement Structurals ranks #818 out of 1690 companies in the Construction industry, placing it in the top 48.4%.
Is Niraj Cement Structurals' 3-Year ROIIC % too high?
Niraj Cement Structurals' current 3-Year ROIIC % of 5.35 is 127% above median its 10-year median of 2.36. The Construction industry median 3-Year ROIIC % is 4.63. Niraj Cement Structurals' value of 5.35 is 15.6% above this industry median. Based on the distribution chart, Niraj Cement Structurals ranks #818 out of 1690 companies in the Construction industry, which is above the industry midpoint. Overall, Niraj Cement Structurals has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niraj Cement Structurals' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Niraj Cement Structurals ranks #818 out of 1690 companies for 3-Year ROIIC %. This puts Niraj Cement Structurals in the upper half of its industry. The industry median 3-Year ROIIC % is 4.63. Niraj Cement Structurals' value of 5.35 is 15.6% above this benchmark. While the company's 10-year median is 2.36 vs. the industry median of 4.63, Niraj Cement Structurals 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,690 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. Niraj Cement Structurals's current 3-Year ROIIC % of 5.35 is 15.6% 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 Niraj Cement Structurals and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Cement Structurals's current 3-Year ROIIC % is 5.35, which is 127% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Cement Structurals stock overvalued right now?
Based on GuruFocus' analysis, Niraj Cement Structurals (BOM:532986) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.12, compared to a current price of ₹29.49 — trading 8.2% below its estimated fair value. The current 3-Year ROIIC % is 5.35, which is 127% above median its 10-year median of 2.36 and 15.6% above the Construction industry median of 4.63. Niraj Cement Structurals' overall GF Score™ is 71/100 with 5 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 Niraj Cement Structurals (BOM:532986), the current 3-Year ROIIC % is 5.35 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 Niraj Cement Structurals (BOM:532986) Overvalued in 2026?
Based on GuruFocus' analysis, Niraj Cement Structurals stock appears to be undervalued.
The current stock price of ₹29.49 is trading 8.2% below its estimated GF Value™ of ₹32.12.
GuruFocus considers Niraj Cement Structurals to be Fairly Valued.
Key valuation signals for BOM:532986:
3-Year ROIIC %: 5.35 (127% above median its 10-year median of 2.36)
GF Value™: ₹32.12 vs. price of ₹29.49 (8.2% below fair value)
Industry Position: 15.6% above the Construction median (#818 of 1690)
No single metric tells the full story. See the BOM:532986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressD G patil Road, Pepsi Company, off. Sion Trombay Road, Unit No 820 to 825, The Epicentre, Commercial Building, Dukes Horizon, Near R K Studio, Mumbai, MH, IND, 400088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the business of civil construction and infrastructure, which is engaged in the construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc.
71GF Score
Get the complete analysis for BOM:532986
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:532986 has been successfully added to your 
