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Sayaji IndustriesNSE:SAYAJIIND +2.45%44 3-Year ROIIC % is 6.97 as of Mar. 2026, which is 896% above its 10-year median of 0.70. GuruFocus rates NSE:SAYAJIIND with a GF Score™ of 44/100 and a GF Value™ of ₹74.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,828 Consumer Packaged Goods companies, Sayaji Industries ranks better than 57.33% 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.
Sayaji Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sayaji Industries's 3-Year ROIIC % or its related term are showing as below:
NSE:SAYAJIIND's 3-Year ROIIC % is ranked better than 57.33% of 1828
companies
in the Consumer Packaged Goods industry
Industry Median: 2.615
vs NSE:SAYAJIIND: 6.97
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.
Sayaji Industries 3-Year ROIIC % Related Terms
Sayaji Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Sayaji Industries'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.
For the Farm Products subindustry, Sayaji Industries'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.
Sayaji Industries 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sayaji Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sayaji Industries's 3-Year ROIIC % falls into.
Sayaji Industries'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**
=
( 182.665 (Mar. 2026) - 53.9164384 (Mar. 2023) )
/
( 5495.404 (Mar. 2026) - 3648.371 (Mar. 2023) )
=
128.7485616
/
1847.033
=
6.97%***
* 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.
Sayaji Industries (NSE:SAYAJIIND) has a 3-Year ROIIC % of 6.97 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 Sayaji Industries and its competitors. This is 896% above median its historical median of 0.70. According to the industry distribution chart, Sayaji Industries ranks #780 out of 1828 companies in the Consumer Packaged Goods industry, placing it in the top 42.7%.
Is Sayaji Industries' 3-Year ROIIC % too high?
Sayaji Industries' current 3-Year ROIIC % of 6.97 is 896% above median its 10-year median of 0.70. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.62. Sayaji Industries' value of 6.97 is 166.5% above this industry median. Based on the distribution chart, Sayaji Industries ranks #780 out of 1828 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sayaji Industries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sayaji Industries' 3-Year ROIIC % compare to ?
According to the Consumer Packaged Goods industry distribution chart, Sayaji Industries ranks #780 out of 1828 companies for 3-Year ROIIC %. This puts Sayaji Industries in the upper half of its industry. The industry median 3-Year ROIIC % is 2.62. Sayaji Industries' value of 6.97 is 166.5% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 2.62, Sayaji Industries 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 2.62, based on 1,828 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. Sayaji Industries's current 3-Year ROIIC % of 6.97 is 166.5% 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 Sayaji Industries and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sayaji Industries's current 3-Year ROIIC % is 6.97, which is 896% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sayaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Sayaji Industries (NSE:SAYAJIIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹74.63, compared to a current price of ₹114.64 — trading 53.6% above its estimated fair value. The current 3-Year ROIIC % is 6.97, which is 896% above median its 10-year median of 0.70 and 166.5% above the Consumer Packaged Goods industry median of 2.62. Sayaji Industries' overall GF Score™ is 44/100 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 Sayaji Industries (NSE:SAYAJIIND), the current 3-Year ROIIC % is 6.97 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 Sayaji Industries (NSE:SAYAJIIND) Overvalued in 2026?
Based on GuruFocus' analysis, Sayaji Industries stock appears to be overvalued.
The current stock price of ₹114.64 is trading 53.6% above its estimated GF Value™ of ₹74.63.
GuruFocus considers Sayaji Industries to be Significantly Overvalued.
Key valuation signals for NSE:SAYAJIIND:
3-Year ROIIC %: 6.97 (896% above median its 10-year median of 0.70)
GF Value™: ₹74.63 vs. price of ₹114.64 (53.6% above fair value)
Industry Position: 166.5% above the Consumer Packaged Goods median (#780 of 1828)
No single metric tells the full story. See the NSE:SAYAJIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, seeds industries., and other related industries.
44GF Score
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