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Grovy IndiaBOM:539522 +5.00%65 3-Year ROIIC % is 0.91 as of Mar. 2026, which is 65% above its 10-year median of 0.55. GuruFocus rates BOM:539522 with a GF Score™ of 65/100 and a GF Value™ of ₹74.56 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 519 Conglomerates companies, Grovy India ranks worse than 52.79% 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.
Grovy India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Grovy India's 3-Year ROIIC % or its related term are showing as below:
BOM:539522's 3-Year ROIIC % is ranked worse than 52.79% of 519
companies
in the Conglomerates industry
Industry Median: 1.74
vs BOM:539522: 0.91
Grovy India (BOM:539522) 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.
Grovy India 3-Year ROIIC % Related Terms
Grovy India 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Grovy India'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.
For the Conglomerates subindustry, Grovy 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.
Grovy India 3-Year ROIIC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Grovy India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Grovy India's 3-Year ROIIC % falls into.
Grovy 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**
=
( 12.9311568 (Mar. 2026) - 9.392978 (Mar. 2023) )
/
( 729.918 (Mar. 2026) - 340.324 (Mar. 2023) )
=
3.5381788
/
389.594
=
0.91%***
* 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.
Grovy India (BOM:539522) has a 3-Year ROIIC % of 0.91 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 Grovy India and its competitors. This is 65% above median its historical median of 0.55. According to the industry distribution chart, Grovy India ranks #274 out of 519 companies in the Conglomerates industry, placing it in the top 52.8%.
Is Grovy India's 3-Year ROIIC % too high?
Grovy India's current 3-Year ROIIC % of 0.91 is 65% above median its 10-year median of 0.55. The Conglomerates industry median 3-Year ROIIC % is 1.74. Grovy India's value of 0.91 is 47.7% below this industry median. Based on the distribution chart, Grovy India ranks #274 out of 519 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Grovy India has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grovy India's 3-Year ROIIC % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Grovy India ranks #274 out of 519 companies for 3-Year ROIIC %. This places Grovy India in the lower half of its industry. The industry median 3-Year ROIIC % is 1.74. Grovy India's value of 0.91 is 47.7% below this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 1.74, Grovy India has consistently been below 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.74, based on 519 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. Grovy India's current 3-Year ROIIC % of 0.91 is 47.7% below 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 Grovy India and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grovy India's current 3-Year ROIIC % is 0.91, which is 65% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grovy India stock overvalued right now?
Based on GuruFocus' analysis, Grovy India (BOM:539522) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹74.56, compared to a current price of ₹64.90 — trading 13% below its estimated fair value. The current 3-Year ROIIC % is 0.91, which is 65% above median its 10-year median of 0.55 and 47.7% below the Conglomerates industry median of 1.74. Grovy India's overall GF Score™ is 65/100 with 8 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 Grovy India (BOM:539522), the current 3-Year ROIIC % is 0.91 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 Grovy India (BOM:539522) Overvalued in 2026?
Based on GuruFocus' analysis, Grovy India stock appears to be undervalued.
The current stock price of ₹64.90 is trading 13% below its estimated GF Value™ of ₹74.56.
GuruFocus considers Grovy India to be Modestly Undervalued.
Key valuation signals for BOM:539522:
3-Year ROIIC %: 0.91 (65% above median its 10-year median of 0.55)
GF Value™: ₹74.56 vs. price of ₹64.90 (13% below fair value)
Industry Position: 47.7% below the Conglomerates median (#274 of 519)
No single metric tells the full story. See the BOM:539522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grovy India Ltd is a real estate development company. The company's core segments are real estate development and trading/investment in equity markets. Its construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.
65GF Score
Get the complete analysis for BOM:539522
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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