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Shilpa MedicareNSE:SHILPAMED +0.43%76 3-Year ROIIC % is 40.95 as of Mar. 2026, which is 2508% above its 10-year median of 1.57. GuruFocus rates NSE:SHILPAMED with a GF Score™ of 76/100 and a GF Value™ of ₹388.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 947 Drug Manufacturers companies, Shilpa Medicare ranks better than 80.78% 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.
Shilpa Medicare's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 40.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shilpa Medicare's 3-Year ROIIC % or its related term are showing as below:
NSE:SHILPAMED's 3-Year ROIIC % is ranked better than 80.78% of 947
companies
in the Drug Manufacturers industry
Industry Median: 3.7
vs NSE:SHILPAMED: 40.95
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.
Shilpa Medicare 3-Year ROIIC % Related Terms
Shilpa Medicare 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shilpa Medicare'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:SHILPAMED vs ZTS, UTHR: 3-Year ROIIC % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Shilpa Medicare'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.
Shilpa Medicare 3-Year ROIIC % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Shilpa Medicare's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shilpa Medicare'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.
Shilpa Medicare (NSE:SHILPAMED) has a 3-Year ROIIC % of 40.95 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 Shilpa Medicare and its competitors. This is 2508% above median its historical median of 1.57. According to the industry distribution chart, Shilpa Medicare ranks #182 out of 947 companies in the Drug Manufacturers industry, placing it in the top 19.2%.
Is Shilpa Medicare's 3-Year ROIIC % too high?
Shilpa Medicare's current 3-Year ROIIC % of 40.95 is 2508% above median its 10-year median of 1.57. The Drug Manufacturers industry median 3-Year ROIIC % is 3.70. Shilpa Medicare's value of 40.95 is 1006.8% above this industry median. Based on the distribution chart, Shilpa Medicare ranks #182 out of 947 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Shilpa Medicare has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shilpa Medicare's 3-Year ROIIC % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Shilpa Medicare ranks #182 out of 947 companies for 3-Year ROIIC %. This places Shilpa Medicare in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.70. Shilpa Medicare's value of 40.95 is 1006.8% above this benchmark. While the company's 10-year median is 1.57 vs. the industry median of 3.70, Shilpa Medicare 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 Drug Manufacturers company?
The median 3-Year ROIIC % among Drug Manufacturers companies is 3.70, based on 947 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. Shilpa Medicare's current 3-Year ROIIC % of 40.95 is 1006.8% 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 Shilpa Medicare and its competitors. For the Drug Manufacturers industry, the median 3-Year ROIIC % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shilpa Medicare's current 3-Year ROIIC % is 40.95, which is 2508% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shilpa Medicare stock overvalued right now?
Based on GuruFocus' analysis, Shilpa Medicare (NSE:SHILPAMED) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹388.20, compared to a current price of ₹606.20 — trading 56.2% above its estimated fair value. The current 3-Year ROIIC % is 40.95, which is 2508% above median its 10-year median of 1.57 and 1006.8% above the Drug Manufacturers industry median of 3.70. Shilpa Medicare's overall GF Score™ is 76/100 with 6 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 Shilpa Medicare (NSE:SHILPAMED), the current 3-Year ROIIC % is 40.95 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 Shilpa Medicare (NSE:SHILPAMED) Overvalued in 2026?
Based on GuruFocus' analysis, Shilpa Medicare stock appears to be overvalued.
The current stock price of ₹606.20 is trading 56.2% above its estimated GF Value™ of ₹388.20.
GuruFocus considers Shilpa Medicare to be Significantly Overvalued.
Key valuation signals for NSE:SHILPAMED:
3-Year ROIIC %: 40.95 (2508% above median its 10-year median of 1.57)
GF Value™: ₹388.20 vs. price of ₹606.20 (56.2% above fair value)
Industry Position: 1006.8% above the Drug Manufacturers median (#182 of 947)
No single metric tells the full story. See the NSE:SHILPAMED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shilpa Medicare Ltd is a specialty and generic drug manufacturer. The company deals in high-quality Active Pharmaceutical Ingredients (APIs), Intermediates, Formulations, New Drug Delivery Systems, Peptides, Biotech products, and Specialty Chemicals etc. Its portfolio comprises various oncology and non-oncology-related APIs such as anastrozole, acebrophylline, busulphan, decitabine, etc, and finished dosage formulations such as apremilast tablets, clofarabine injection, docetaxel injection, etc., in various therapy areas. Its reporting segments are: Pharmaceutical product and services, which derive maximum revenue, Power sales, and Others. Geographically, the company generates maximum revenue from India, followed by Europe, the United States of America, and the Rest of the world.
76GF Score
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