Vibhor Steel Tubes (NSE:VSTL) 3-Year ROIIC % : -6.66% (As of Mar. 2026)


NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
44 GF Score
Price ₹114.47
! 3 Warning Signs
View Full Analysis

What is Vibhor Steel Tubes 3-Year ROIIC %?

Vibhor Steel Tubes NSE:VSTL +1.07% 44 3-Year ROIIC % is -6.66 as of Mar. 2026. GuruFocus rates NSE:VSTL with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 605 Steel companies, Vibhor Steel Tubes ranks worse than 63.97% 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. Vibhor Steel Tubes's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -6.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vibhor Steel Tubes's 3-Year ROIIC % or its related term are showing as below:

NSE:VSTL's 3-Year ROIIC % is ranked worse than
63.97% of 605 companies
in the Steel industry
Industry Median: -0.23 vs NSE:VSTL: -6.66

Vibhor Steel Tubes  (NSE:VSTL) 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.


Vibhor Steel Tubes 3-Year ROIIC % Related Terms


Vibhor Steel Tubes 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes 3-Year ROIIC % Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 15.82 0.50 -6.66

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.00 0.00 0.00 -6.66

NSE:VSTL vs NUE, STLD, RS: 3-Year ROIIC % Comparison

For the Steel subindustry, Vibhor Steel Tubes'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.


Vibhor Steel Tubes 3-Year ROIIC % vs Steel Industry

For the Steel industry and Basic Materials sector, Vibhor Steel Tubes's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vibhor Steel Tubes's 3-Year ROIIC % falls into.


NSE:VSTL
44GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vibhor Steel Tubes 3-Year ROIIC % Calculation

Vibhor Steel Tubes'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**
=( 189.8218017 (Mar. 2026) - 292.7388264 (Mar. 2023) )/( 3789.352 (Mar. 2026) - 2243.957 (Mar. 2023) )
=-102.9170247/1545.395
=-6.66%***

* 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 -6.66 mean?
Vibhor Steel Tubes (NSE:VSTL) has a 3-Year ROIIC % of -6.66 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 Vibhor Steel Tubes and its competitors. According to the industry distribution chart, Vibhor Steel Tubes ranks #387 out of 605 companies in the Steel industry, placing it in the top 64%.
Is Vibhor Steel Tubes' 3-Year ROIIC % too high?
Vibhor Steel Tubes' current 3-Year ROIIC % is -6.66. Based on the distribution chart, Vibhor Steel Tubes ranks #387 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Vibhor Steel Tubes has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Vibhor Steel Tubes ranks #387 out of 605 companies for 3-Year ROIIC %. This places Vibhor Steel Tubes in the lower half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel 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 Vibhor Steel Tubes and its competitors. Vibhor Steel Tubes's current 3-Year ROIIC % is -6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current 3-Year ROIIC % of -6.66. The current 3-Year ROIIC % is -6.66. Vibhor Steel Tubes' 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 Vibhor Steel Tubes (NSE:VSTL), the current 3-Year ROIIC % is -6.66 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
44GF Score

Get the complete analysis for NSE:VSTL

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

₹114.47
Price