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RattanIndia PowerNSE:RTNPOWER +0.91%65 3-Year ROIIC % is 0.84 as of Mar. 2026, which is 41% below its 10-year median of 1.42. GuruFocus rates NSE:RTNPOWER with a GF Score™ of 65/100 and a GF Value™ of ₹9.52 (Fairly Valued). The stock has 8 warning signs investors should review. Among 396 Utilities - Independent Power Producers companies, RattanIndia Power ranks worse than 52.27% 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.
RattanIndia Power's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for RattanIndia Power's 3-Year ROIIC % or its related term are showing as below:
NSE:RTNPOWER's 3-Year ROIIC % is ranked worse than 52.27% of 396
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.16
vs NSE:RTNPOWER: 0.84
RattanIndia Power (NSE:RTNPOWER) 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.
RattanIndia Power 3-Year ROIIC % Related Terms
RattanIndia Power 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for RattanIndia Power'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:RTNPOWER vs CEG, VST, NRG: 3-Year ROIIC % Comparison
For the Utilities - Independent Power Producers subindustry, RattanIndia Power'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.
RattanIndia Power 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, RattanIndia Power's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where RattanIndia Power's 3-Year ROIIC % falls into.
RattanIndia Power'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**
=
( 1591.7 (Mar. 2026) - 3488.97 (Mar. 2023) )
/
( 92094.9 (Mar. 2026) - 319169.972 (Mar. 2023) )
=
-1897.27
/
-227075.072
=
0.84%***
* 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.
RattanIndia Power (NSE:RTNPOWER) has a 3-Year ROIIC % of 0.84 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 RattanIndia Power and its competitors. This is 41% below median its historical median of 1.42. According to the industry distribution chart, RattanIndia Power ranks #207 out of 396 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.3%.
Is RattanIndia Power's 3-Year ROIIC % too high?
RattanIndia Power's current 3-Year ROIIC % of 0.84 is 41% below median its 10-year median of 1.42. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.16. RattanIndia Power's value of 0.84 is 27.6% below this industry median. Based on the distribution chart, RattanIndia Power ranks #207 out of 396 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, RattanIndia Power has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RattanIndia Power's 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, RattanIndia Power ranks #207 out of 396 companies for 3-Year ROIIC %. This places RattanIndia Power in the lower half of its industry. The industry median 3-Year ROIIC % is 1.16. RattanIndia Power's value of 0.84 is 27.6% below this benchmark. While the company's 10-year median is 1.42 vs. the industry median of 1.16, RattanIndia Power has consistently been below 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 an Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.16, based on 396 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. RattanIndia Power's current 3-Year ROIIC % of 0.84 is 27.6% below 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 RattanIndia Power and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RattanIndia Power's current 3-Year ROIIC % is 0.84, which is 41% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RattanIndia Power stock overvalued right now?
Based on GuruFocus' analysis, RattanIndia Power (NSE:RTNPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹9.52, compared to a current price of ₹8.85 — trading 7% below its estimated fair value. The current 3-Year ROIIC % is 0.84, which is 41% below median its 10-year median of 1.42 and 27.6% below the Utilities - Independent Power Producers industry median of 1.16. RattanIndia Power's overall GF Score™ is 65/100 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 RattanIndia Power (NSE:RTNPOWER), the current 3-Year ROIIC % is 0.84 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 RattanIndia Power (NSE:RTNPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, RattanIndia Power stock appears to be undervalued.
The current stock price of ₹8.85 is trading 7% below its estimated GF Value™ of ₹9.52.
GuruFocus considers RattanIndia Power to be Fairly Valued.
Key valuation signals for NSE:RTNPOWER:
3-Year ROIIC %: 0.84 (41% below median its 10-year median of 1.42)
GF Value™: ₹9.52 vs. price of ₹8.85 (7% below fair value)
Industry Position: 27.6% below the Utilities - Independent Power Producers median (#207 of 396)
No single metric tells the full story. See the NSE:RTNPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RattanIndia Power Ltd is engaged in thermal power generation, operating coal-based power plants with a total installed capacity of 2,700 MW across Amravati and Nashik in Maharashtra. The company generates revenue majorly through the sale of electricity to state utilities and other power off-takers. It manages large-scale thermal power projects and supporting infrastructure, including residential townships for personnel. RattanIndia focuses on efficient power generation operations while navigating the challenges of coal supply and long-term power purchase agreements. The company has gradually exited solar energy ventures to concentrate on its core thermal power business.
65GF Score
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