Bodal Chemicals (NSE:BODALCHEM) 3-Year ROIIC % : 13.14% (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:BODALCHEM Bodal Chemicals Ltd NSE:BODALCHEM
60 GF Score
Price ₹155.62
GF Value ₹99.80
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Bodal Chemicals 3-Year ROIIC %?

Bodal Chemicals NSE:BODALCHEM +3.22% 60 3-Year ROIIC % is 13.14 as of Mar. 2026. GuruFocus rates NSE:BODALCHEM with a GF Score™ of 60/100 and a GF Value™ of ₹99.80 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,529 Chemicals companies, Bodal Chemicals ranks better than 71.29% 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. Bodal Chemicals's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 13.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:BODALCHEM's 3-Year ROIIC % is ranked better than
71.29% of 1529 companies
in the Chemicals industry
Industry Median: 0.03 vs NSE:BODALCHEM: 13.14

Bodal Chemicals  (NSE:BODALCHEM) 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.


Bodal Chemicals 3-Year ROIIC % Related Terms


Bodal Chemicals 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Bodal Chemicals'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.

Bodal Chemicals 3-Year ROIIC % Chart

Bodal Chemicals 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 -2.29 -5.70 -0.86 -6.28 13.14

Bodal Chemicals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 13.14 0.00

NSE:BODALCHEM vs LIN, SHW, ECL: 3-Year ROIIC % Comparison

For the Specialty Chemicals subindustry, Bodal Chemicals'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.


Bodal Chemicals 3-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bodal Chemicals's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Bodal Chemicals's 3-Year ROIIC % falls into.


NSE:BODALCHEM
60GF Score
Bodal Chemicals Ltd NSE:BODALCHEM
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bodal Chemicals 3-Year ROIIC % Calculation

Bodal Chemicals'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**
=( 953.020212 (Mar. 2026) - 641.39445 (Mar. 2023) )/( 20815.85 (Mar. 2026) - 18443.71 (Mar. 2023) )
=311.625762/2372.14
=13.14%***

* 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 13.14 mean?
Bodal Chemicals (NSE:BODALCHEM) has a 3-Year ROIIC % of 13.14 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 Bodal Chemicals and its competitors. According to the industry distribution chart, Bodal Chemicals ranks #439 out of 1529 companies in the Chemicals industry, placing it in the top 28.7%.
Is Bodal Chemicals' 3-Year ROIIC % too high?
Bodal Chemicals' current 3-Year ROIIC % is 13.14. The Chemicals industry median 3-Year ROIIC % is 0.03. Bodal Chemicals' value of 13.14 is 43700% above this industry median. Based on the distribution chart, Bodal Chemicals ranks #439 out of 1529 companies in the Chemicals industry, which is above the industry midpoint. Overall, Bodal Chemicals has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bodal Chemicals' 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Bodal Chemicals ranks #439 out of 1529 companies for 3-Year ROIIC %. This puts Bodal Chemicals in the upper half of its industry. The industry median 3-Year ROIIC % is 0.03. Bodal Chemicals' value of 13.14 is 43700% 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.03, based on 1,529 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. Bodal Chemicals's current 3-Year ROIIC % of 13.14 is 43700% 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 Bodal Chemicals and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bodal Chemicals's current 3-Year ROIIC % is 13.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bodal Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Bodal Chemicals (NSE:BODALCHEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹99.80, compared to a current price of ₹155.62 — trading 55.9% above its estimated fair value. The current 3-Year ROIIC % is 13.14 and 43700% above the Chemicals industry median of 0.03. Bodal Chemicals' overall GF Score™ is 60/100 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 Bodal Chemicals (NSE:BODALCHEM), the current 3-Year ROIIC % is 13.14 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 Bodal Chemicals (NSE:BODALCHEM) Overvalued in 2026?

Based on GuruFocus' analysis, Bodal Chemicals stock appears to be overvalued. The current stock price of ₹155.62 is trading 55.9% above its estimated GF Value™ of ₹99.80. GuruFocus considers Bodal Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:BODALCHEM:

  • 3-Year ROIIC %: 13.14
  • GF Value™: ₹99.80 vs. price of ₹155.62 (55.9% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 43700% above the Chemicals median (#439 of 1529)

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


Bodal Chemicals Business Description

Other Exchanges 524370:India
Address Near Shilaj Ring Road Circle, Beside Maple Green Residency, Bodal Corporate House, Near Anand Niketan School, Thaltej, Ahmedabad, GJ, IND, 380 059
Bodal Chemicals Ltd is a manufacturer and exporter of Dyes Intermediate, Dyestuff, and Sulphuric Acid. Geographically, it derives the majority of revenue from India. Some of its products include Sulphuric Acid, Sodium Bisulphate, Thionyl Chloride, Vinyl Sulphone, FC Acid, Gamma Acid, Reactive Dyes, and others. Its segment consists of Dyes, Dyes Intermediates, and Basic Chemicals.
60GF Score

Get the complete analysis for NSE:BODALCHEM

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

₹155.62
Price
₹99.80
GF Value