Dharmaj Crop Guard (NSE:DHARMAJ) 3-Year ROIIC % : 8.35% (As of Mar. 2026) — 14% Above Median

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NSE:DHARMAJ Dharmaj Crop Guard Ltd NSE:DHARMAJ
84 GF Score
Price ₹271.25
GF Value ₹399.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Dharmaj Crop Guard 3-Year ROIIC %?

Dharmaj Crop Guard NSE:DHARMAJ +4.07% 84 3-Year ROIIC % is 8.35 as of Mar. 2026, which is 14% above its 10-year median of 7.33. GuruFocus rates NSE:DHARMAJ with a GF Score™ of 84/100 and a GF Value™ of ₹399.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 252 Agriculture companies, Dharmaj Crop Guard ranks better than 66.67% 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. Dharmaj Crop Guard's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DHARMAJ's 3-Year ROIIC % is ranked better than
66.67% of 252 companies
in the Agriculture industry
Industry Median: -1.615 vs NSE:DHARMAJ: 8.35

Dharmaj Crop Guard  (NSE:DHARMAJ) 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.


Dharmaj Crop Guard 3-Year ROIIC % Related Terms


Dharmaj Crop Guard 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Dharmaj Crop Guard'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.

Dharmaj Crop Guard 3-Year ROIIC % Chart

Dharmaj Crop Guard Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 9.80 6.30 3.45 8.35

Dharmaj Crop Guard Quarterly Data
Mar21 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 8.35 0.00

NSE:DHARMAJ vs CTVA, CF, MOS: 3-Year ROIIC % Comparison

For the Agricultural Inputs subindustry, Dharmaj Crop Guard'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.


Dharmaj Crop Guard 3-Year ROIIC % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dharmaj Crop Guard's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Dharmaj Crop Guard's 3-Year ROIIC % falls into.


NSE:DHARMAJ
84GF Score
Dharmaj Crop Guard Ltd NSE:DHARMAJ
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dharmaj Crop Guard 3-Year ROIIC % Calculation

Dharmaj Crop Guard'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**
=( 613.29765 (Mar. 2026) - 307.508547 (Mar. 2023) )/( 6160.78 (Mar. 2026) - 2500.76 (Mar. 2023) )
=305.789103/3660.02
=8.35%***

* 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 8.35 mean?
Dharmaj Crop Guard (NSE:DHARMAJ) has a 3-Year ROIIC % of 8.35 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 Dharmaj Crop Guard and its competitors. This is 14% above median its historical median of 7.33. Over the past decade, Dharmaj Crop Guard's 3-Year ROIIC % has ranged from 3.45 to 9.80. According to the industry distribution chart, Dharmaj Crop Guard ranks #84 out of 252 companies in the Agriculture industry, placing it in the top 33.3%.
Is Dharmaj Crop Guard's 3-Year ROIIC % too high?
Dharmaj Crop Guard's current 3-Year ROIIC % of 8.35 is 14% above median its 10-year median of 7.33. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 9.80. Based on the distribution chart, Dharmaj Crop Guard ranks #84 out of 252 companies in the Agriculture industry, which is above the industry midpoint. Overall, Dharmaj Crop Guard has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dharmaj Crop Guard's 3-Year ROIIC % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Dharmaj Crop Guard ranks #84 out of 252 companies for 3-Year ROIIC %. This puts Dharmaj Crop Guard in the upper half of its industry. Historically, Dharmaj Crop Guard's own 3-Year ROIIC % has ranged from 3.45 to 9.80 over the past decade. 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 an Agriculture company?
A good 3-Year ROIIC % depends on the Agriculture 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 Dharmaj Crop Guard and its competitors. Dharmaj Crop Guard's current 3-Year ROIIC % is 8.35, which is 14% above median its own 10-year median of 7.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharmaj Crop Guard stock overvalued right now?
Based on GuruFocus' analysis, Dharmaj Crop Guard (NSE:DHARMAJ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹399.95, compared to a current price of ₹271.25 — trading 32.2% below its estimated fair value. The current 3-Year ROIIC % is 8.35, which is 14% above median its 10-year median of 7.33. Dharmaj Crop Guard's overall GF Score™ is 84/100 with 3 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 Dharmaj Crop Guard (NSE:DHARMAJ), the current 3-Year ROIIC % is 8.35 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 Dharmaj Crop Guard (NSE:DHARMAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Dharmaj Crop Guard stock appears to be undervalued. The current stock price of ₹271.25 is trading 32.2% below its estimated GF Value™ of ₹399.95. GuruFocus considers Dharmaj Crop Guard to be Significantly Undervalued.

Key valuation signals for NSE:DHARMAJ:

  • 3-Year ROIIC %: 8.35 (14% above median its 10-year median of 7.33)
  • GF Value™: ₹399.95 vs. price of ₹271.25 (32.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Dharmaj Crop Guard Business Description

Other Exchanges 543687:India
Address Iscon Ambli Road, Office No. 901 to 903 & 911, B-square 2, Ahmedabad, GJ, IND, 380058
Dharmaj Crop Guard Ltd is engaged in the business of manufacturing and dealing in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers, and allied products related to research and technical formulations. The company operates under segments namely fungicides, insecticides, herbicide, and Others. Geographically the company generates the majority of its revenue from India.
84GF Score

Get the complete analysis for NSE:DHARMAJ

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

₹271.25
Price
₹399.95
GF Value