Saatvik Green Energy (NSE:SAATVIKGL) 3-Year ROIIC % : 18.98% (As of Mar. 2026) — 11% Below Median

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:SAATVIKGL Saatvik Green Energy Ltd NSE:SAATVIKGL
17 GF Score
Price ₹426.30
! 4 Warning Signs
View Full Analysis

What is Saatvik Green Energy 3-Year ROIIC %?

Saatvik Green Energy NSE:SAATVIKGL -2.63% 17 3-Year ROIIC % is 18.98 as of Mar. 2026, which is 11% below its 10-year median of 21.36. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 995 Semiconductors companies, Saatvik Green Energy ranks better than 69.65% 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. Saatvik Green Energy's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 18.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SAATVIKGL's 3-Year ROIIC % is ranked better than
69.65% of 995 companies
in the Semiconductors industry
Industry Median: -0.18 vs NSE:SAATVIKGL: 18.98

Saatvik Green Energy  (NSE:SAATVIKGL) 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.


Saatvik Green Energy 3-Year ROIIC % Related Terms


Saatvik Green Energy 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Saatvik Green Energy'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.

Saatvik Green Energy 3-Year ROIIC % Chart

Saatvik Green Energy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
0.00 0.00 0.00 23.73 18.98

Saatvik Green Energy Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only 0.00 23.73 0.00 0.00 18.98

NSE:SAATVIKGL vs FSLR, NXT, ENPH: 3-Year ROIIC % Comparison

For the Solar subindustry, Saatvik Green Energy'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.


Saatvik Green Energy 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Saatvik Green Energy's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Saatvik Green Energy's 3-Year ROIIC % falls into.


NSE:SAATVIKGL
17GF Score
Saatvik Green Energy Ltd NSE:SAATVIKGL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saatvik Green Energy 3-Year ROIIC % Calculation

Saatvik Green Energy'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**
=( 3859.787412 (Mar. 2026) - 159.00384 (Mar. 2023) )/( 21312.57 (Mar. 2026) - 1816.17 (Mar. 2023) )
=3700.783572/19496.4
=18.98%***

* 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 18.98 mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a 3-Year ROIIC % of 18.98 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 Saatvik Green Energy and its competitors. This is 11% below median its historical median of 21.36. Over the past decade, Saatvik Green Energy's 3-Year ROIIC % has ranged from 18.98 to 23.73. According to the industry distribution chart, Saatvik Green Energy ranks #302 out of 995 companies in the Semiconductors industry, placing it in the top 30.4%.
Is Saatvik Green Energy's 3-Year ROIIC % too high?
Saatvik Green Energy's current 3-Year ROIIC % of 18.98 is 11% below median its 10-year median of 21.36. Over the past 10 years, this metric has ranged from a low of 18.98 to a high of 23.73. Based on the distribution chart, Saatvik Green Energy ranks #302 out of 995 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's 3-Year ROIIC % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #302 out of 995 companies for 3-Year ROIIC %. This puts Saatvik Green Energy in the upper half of its industry. Historically, Saatvik Green Energy's own 3-Year ROIIC % has ranged from 18.98 to 23.73 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 a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors 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 Saatvik Green Energy and its competitors. Saatvik Green Energy's current 3-Year ROIIC % is 18.98, which is 11% below median its own 10-year median of 21.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current 3-Year ROIIC % of 18.98. The current 3-Year ROIIC % is 18.98, which is 11% below median its 10-year median of 21.36. Saatvik Green Energy's overall GF Score™ is 17/100 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 Saatvik Green Energy (NSE:SAATVIKGL), the current 3-Year ROIIC % is 18.98 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.

Saatvik Green Energy Business Description

Other Exchanges 544526:India
Address Plot No. 3, Sector 32, Tower A, Institutional Area, IFFCO Complex, Gurugram, HR, IND, 122 001
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score

Get the complete analysis for NSE:SAATVIKGL

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

₹426.30
Price