DIC India (NSE:DICIND) 3-Year ROIIC % : -186.69% (As of Dec. 2025)

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NSE:DICIND DIC India Ltd NSE:DICIND
67 GF Score
Price ₹498.05
GF Value ₹551.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DIC India 3-Year ROIIC %?

DIC India NSE:DICIND -0.83% 67 3-Year ROIIC % is -186.69 as of Dec. 2025. GuruFocus rates NSE:DICIND with a GF Score™ of 67/100 and a GF Value™ of ₹551.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,521 Chemicals companies, DIC India ranks worse than 96.06% 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. DIC India's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -186.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DICIND's 3-Year ROIIC % is ranked worse than
96.06% of 1521 companies
in the Chemicals industry
Industry Median: 0.02 vs NSE:DICIND: -186.69

DIC India  (NSE:DICIND) 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.


DIC India 3-Year ROIIC % Related Terms


DIC India 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for DIC 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.

DIC India 3-Year ROIIC % Chart

DIC India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.68 -4.51 -17.20 5.95 -186.69

DIC 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 0.00 0.00 0.00 -186.69 0.00

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

For the Specialty Chemicals subindustry, DIC 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.


DIC India 3-Year ROIIC % vs Chemicals Industry

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

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


NSE:DICIND
67GF Score
DIC India Ltd NSE:DICIND
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DIC India 3-Year ROIIC % Calculation

DIC India's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 183.0805636 (Dec. 2025) - 78.1771725 (Dec. 2022) )/( 4079.688 (Dec. 2025) - 4135.88 (Dec. 2022) )
=104.9033911/-56.192
=-186.69%***

* 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 -186.69 mean?
DIC India (NSE:DICIND) has a 3-Year ROIIC % of -186.69 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on DIC India and its competitors. According to the industry distribution chart, DIC India ranks #1461 out of 1521 companies in the Chemicals industry, placing it in the top 96.1%.
Is DIC India's 3-Year ROIIC % too high?
DIC India's current 3-Year ROIIC % is -186.69. Based on the distribution chart, DIC India ranks #1461 out of 1521 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, DIC India has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DIC India's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, DIC India ranks #1461 out of 1521 companies for 3-Year ROIIC %. This places DIC India in the lower half of its industry. The industry median 3-Year ROIIC % is 0.02. 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 0.02, based on 1,521 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. 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 DIC India and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC India's current 3-Year ROIIC % is -186.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (NSE:DICIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹551.14, compared to a current price of ₹498.05 — trading 9.6% below its estimated fair value. The current 3-Year ROIIC % is -186.69. DIC India's overall GF Score™ is 67/100 with 4 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 DIC India (NSE:DICIND), the current 3-Year ROIIC % is -186.69 as of Dec. 2025. 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 DIC India (NSE:DICIND) Overvalued in 2026?

Based on GuruFocus' analysis, DIC India stock appears to be undervalued. The current stock price of ₹498.05 is trading 9.6% below its estimated GF Value™ of ₹551.14. GuruFocus considers DIC India to be Modestly Undervalued.

Key valuation signals for NSE:DICIND:

  • 3-Year ROIIC %: -186.69
  • GF Value™: ₹551.14 vs. price of ₹498.05 (9.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


DIC India Business Description

Other Exchanges 500089:India
Address Fusion Square, 5A-5B, Sector-126, 5th Floor, District Gautam Budh Nagar, Noida, UP, IND, 201303
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
67GF Score

Get the complete analysis for NSE:DICIND

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

₹498.05
Price
₹551.14
GF Value