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.
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.
Nestle IndiaNSE:NESTLEIND -1.94%99 3-Year ROIIC % is 32.34 as of Mar. 2026, which is 44% above its 10-year median of 22.41. GuruFocus rates NSE:NESTLEIND with a GF Score™ of 99/100 and a GF Value™ of ₹1,488.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,830 Consumer Packaged Goods companies, Nestle India ranks better than 79.84% 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.
Nestle India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 32.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nestle India's 3-Year ROIIC % or its related term are showing as below:
NSE:NESTLEIND's 3-Year ROIIC % is ranked better than 79.84% of 1830
companies
in the Consumer Packaged Goods industry
Industry Median: 2.72
vs NSE:NESTLEIND: 32.34
Nestle India (NSE:NESTLEIND) 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.
Nestle India 3-Year ROIIC % Related Terms
Nestle India 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nestle 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.
NSE:NESTLEIND vs KHC, GIS: 3-Year ROIIC % Comparison
For the Packaged Foods subindustry, Nestle 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.
Nestle India 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nestle India's 3-Year ROIIC % falls into.
* 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.
Nestle India (NSE:NESTLEIND) has a 3-Year ROIIC % of 32.34 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 Nestle India and its competitors. This is 44% above median its historical median of 22.41. According to the industry distribution chart, Nestle India ranks #369 out of 1830 companies in the Consumer Packaged Goods industry, placing it in the top 20.2%.
Is Nestle India's 3-Year ROIIC % too high?
Nestle India's current 3-Year ROIIC % of 32.34 is 44% above median its 10-year median of 22.41. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.72. Nestle India's value of 32.34 is 1089% above this industry median. Based on the distribution chart, Nestle India ranks #369 out of 1830 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nestle India has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nestle India's 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle India ranks #369 out of 1830 companies for 3-Year ROIIC %. This places Nestle India in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.72. Nestle India's value of 32.34 is 1089% above this benchmark. While the company's 10-year median is 22.41 vs. the industry median of 2.72, Nestle India has consistently been above 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 Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.72, based on 1,830 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. Nestle India's current 3-Year ROIIC % of 32.34 is 1089% 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 Nestle India and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle India's current 3-Year ROIIC % is 32.34, which is 44% above median its own 10-year median of 22.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle India stock overvalued right now?
Based on GuruFocus' analysis, Nestle India (NSE:NESTLEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,488.08, compared to a current price of ₹1,427.10 — trading 4.1% below its estimated fair value. The current 3-Year ROIIC % is 32.34, which is 44% above median its 10-year median of 22.41 and 1089% above the Consumer Packaged Goods industry median of 2.72. Nestle India's overall GF Score™ is 99/100 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 Nestle India (NSE:NESTLEIND), the current 3-Year ROIIC % is 32.34 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 Nestle India (NSE:NESTLEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle India stock appears to be undervalued.
The current stock price of ₹1,427.10 is trading 4.1% below its estimated GF Value™ of ₹1,488.08.
GuruFocus considers Nestle India to be Fairly Valued.
Key valuation signals for NSE:NESTLEIND:
3-Year ROIIC %: 32.34 (44% above median its 10-year median of 22.41)
GF Value™: ₹1,488.08 vs. price of ₹1,427.10 (4.1% below fair value)
Industry Position: 1089% above the Consumer Packaged Goods median (#369 of 1830)
No single metric tells the full story. See the NSE:NESTLEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle India Ltd is mainly involved in Food business which incorporates product groups viz. Milk Products and Nutrition, Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages and Confectionery. The company's brand portfolio provides Nestle Healthy Breakfast Cereals, Coffee, Chocolates & Confectionery, Nutrition, Dairy, Foods, Vending and Food Services, My Nestle, Nestle Health Science, Import, Tea export, and NESTLE Ad Campaigns. The company has single operating segment. The company has presence in India and Outside India. The company generates majority of revenue from India.
99GF Score
Get the complete analysis for NSE:NESTLEIND
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NESTLEIND has been successfully added to your 
