Asian Granito India (NSE:ASIANTILES) 3-Year ROIIC % : 17.32% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
51 GF Score
Price ₹60.71
GF Value ₹31.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Asian Granito India 3-Year ROIIC %?

Asian Granito India NSE:ASIANTILES +5.36% 51 3-Year ROIIC % is 17.32 as of Mar. 2026. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 51/100 and a GF Value™ of ₹31.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,685 Construction companies, Asian Granito India ranks better than 71.34% 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. Asian Granito India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 17.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:ASIANTILES's 3-Year ROIIC % is ranked better than
71.34% of 1685 companies
in the Construction industry
Industry Median: 4.6 vs NSE:ASIANTILES: 17.32

Asian Granito India  (NSE:ASIANTILES) 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.


Asian Granito India 3-Year ROIIC % Related Terms


Asian Granito India 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Asian Granito 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.

Asian Granito India 3-Year ROIIC % Chart

Asian Granito India 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 13.53 -26.26 -15.57 -8.69 17.32

Asian Granito India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.69 0.00 0.00 0.00 17.32

NSE:ASIANTILES vs TT, JCI, CARR: 3-Year ROIIC % Comparison

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Asian Granito India's 3-Year ROIIC % falls into.


NSE:ASIANTILES
51GF Score
Asian Granito India Ltd NSE:ASIANTILES
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito India 3-Year ROIIC % Calculation

Asian Granito 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**
=( 344.2471564 (Mar. 2026) - -583.3091758 (Mar. 2023) )/( 19176.73 (Mar. 2026) - 13821.672 (Mar. 2023) )
=927.5563322/5355.058
=17.32%***

* 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 17.32 mean?
Asian Granito India (NSE:ASIANTILES) has a 3-Year ROIIC % of 17.32 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 Asian Granito India and its competitors. According to the industry distribution chart, Asian Granito India ranks #483 out of 1685 companies in the Construction industry, placing it in the top 28.7%.
Is Asian Granito India's 3-Year ROIIC % too high?
Asian Granito India's current 3-Year ROIIC % is 17.32. The Construction industry median 3-Year ROIIC % is 4.60. Asian Granito India's value of 17.32 is 276.5% above this industry median. Based on the distribution chart, Asian Granito India ranks #483 out of 1685 companies in the Construction industry, which is above the industry midpoint. Overall, Asian Granito India has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Asian Granito India ranks #483 out of 1685 companies for 3-Year ROIIC %. This puts Asian Granito India in the upper half of its industry. The industry median 3-Year ROIIC % is 4.60. Asian Granito India's value of 17.32 is 276.5% above this benchmark. 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 4.60, based on 1,685 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. Asian Granito India's current 3-Year ROIIC % of 17.32 is 276.5% 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 Asian Granito India and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current 3-Year ROIIC % is 17.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.52, compared to a current price of ₹60.71 — trading 92.6% above its estimated fair value. The current 3-Year ROIIC % is 17.32 and 276.5% above the Construction industry median of 4.60. Asian Granito India's overall GF Score™ is 51/100 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 Asian Granito India (NSE:ASIANTILES), the current 3-Year ROIIC % is 17.32 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹60.71 is trading 92.6% above its estimated GF Value™ of ₹31.52. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • 3-Year ROIIC %: 17.32
  • GF Value™: ₹31.52 vs. price of ₹60.71 (92.6% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 276.5% above the Construction median (#483 of 1685)

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


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
51GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹60.71
Price
₹31.52
GF Value