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Visagar PolytexNSE:VIVIDHA +5.88%21 3-Year ROIIC % is 1.38 as of Mar. 2026, which is 78% below its 10-year median of 6.26. GuruFocus rates NSE:VIVIDHA with a GF Score™ of 21/100 and a GF Value™ of ₹0.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, Visagar Polytex ranks worse than 50.59% 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.
Visagar Polytex's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Visagar Polytex's 3-Year ROIIC % or its related term are showing as below:
NSE:VIVIDHA's 3-Year ROIIC % is ranked worse than 50.59% of 1010
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.54
vs NSE:VIVIDHA: 1.38
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.
Visagar Polytex 3-Year ROIIC % Related Terms
Visagar Polytex 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Visagar Polytex'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 Textile Manufacturing subindustry, Visagar Polytex'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.
Visagar Polytex 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Visagar Polytex's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Visagar Polytex's 3-Year ROIIC % falls into.
Visagar Polytex'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**
=
( -11.3504073 (Mar. 2026) - -8.417 (Mar. 2023) )
/
( 55.181 (Mar. 2026) - 268.006 (Mar. 2023) )
=
-2.9334073
/
-212.825
=
1.38%***
* 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.
Visagar Polytex (NSE:VIVIDHA) has a 3-Year ROIIC % of 1.38 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 Visagar Polytex and its competitors. This is 78% below median its historical median of 6.26. According to the industry distribution chart, Visagar Polytex ranks #511 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.6%.
Is Visagar Polytex's 3-Year ROIIC % too high?
Visagar Polytex's current 3-Year ROIIC % of 1.38 is 78% below median its 10-year median of 6.26. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.54. Visagar Polytex's value of 1.38 is 10.4% below this industry median. Based on the distribution chart, Visagar Polytex ranks #511 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Visagar Polytex has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Visagar Polytex's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Visagar Polytex ranks #511 out of 1010 companies for 3-Year ROIIC %. This places Visagar Polytex in the lower half of its industry. The industry median 3-Year ROIIC % is 1.54. Visagar Polytex's value of 1.38 is 10.4% below this benchmark. While the company's 10-year median is 6.26 vs. the industry median of 1.54, Visagar Polytex 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 a Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.54, based on 1,010 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. Visagar Polytex's current 3-Year ROIIC % of 1.38 is 10.4% 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 Visagar Polytex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visagar Polytex's current 3-Year ROIIC % is 1.38, which is 78% below median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visagar Polytex stock overvalued right now?
Based on GuruFocus' analysis, Visagar Polytex (NSE:VIVIDHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.11, compared to a current price of ₹0.54 — trading 390.9% above its estimated fair value. The current 3-Year ROIIC % is 1.38, which is 78% below median its 10-year median of 6.26 and 10.4% below the Manufacturing - Apparel & Accessories industry median of 1.54. Visagar Polytex's overall GF Score™ is 21/100 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 Visagar Polytex (NSE:VIVIDHA), the current 3-Year ROIIC % is 1.38 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 Visagar Polytex (NSE:VIVIDHA) Overvalued in 2026?
Based on GuruFocus' analysis, Visagar Polytex stock appears to be overvalued.
The current stock price of ₹0.54 is trading 390.9% above its estimated GF Value™ of ₹0.11.
GuruFocus considers Visagar Polytex to be Significantly Overvalued.
Key valuation signals for NSE:VIVIDHA:
3-Year ROIIC %: 1.38 (78% below median its 10-year median of 6.26)
GF Value™: ₹0.11 vs. price of ₹0.54 (390.9% above fair value)
Industry Position: 10.4% below the Manufacturing - Apparel & Accessories median (#511 of 1010)
No single metric tells the full story. See the NSE:VIVIDHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Visagar Polytex Ltd operates in the textile industry, focusing on the manufacturing, wholesale, retail, and trading of ethnic wear and textile-related goods. The company's key products include sarees, lehengas, suits, interlining goods, and various fabrics, marketed prominently under its Vividha brand. It has a retail presence across India, supported by a manufacturing unit at Surat. The Company has only one reportable business segment and has only one reportable geographic segment in India. The income source is through the interest income earned on the fixed deposits.
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