Mahickra Chemicals (NSE:MAHICKRA) 5-Year ROIIC % : 7.48% (As of Mar. 2026)

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NSE:MAHICKRA Mahickra Chemicals Ltd NSE:MAHICKRA
55 GF Score
Price ₹265.05
GF Value ₹155.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mahickra Chemicals 5-Year ROIIC %?

Mahickra Chemicals NSE:MAHICKRA +0.80% 55 5-Year ROIIC % is 7.48 as of Mar. 2026. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 55/100 and a GF Value™ of ₹155.17 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,465 Chemicals companies, Mahickra Chemicals ranks better than 65.94% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Mahickra Chemicals's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mahickra Chemicals's 5-Year ROIIC % or its related term are showing as below:

NSE:MAHICKRA's 5-Year ROIIC % is ranked better than
65.94% of 1465 companies
in the Chemicals industry
Industry Median: 1.47 vs NSE:MAHICKRA: 7.48

Mahickra Chemicals  (NSE:MAHICKRA) 5-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.


Mahickra Chemicals 5-Year ROIIC % Related Terms


Mahickra Chemicals 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mahickra Chemicals's 5-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.

Mahickra Chemicals 5-Year ROIIC % Chart

Mahickra Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.00 7.79 5.11 7.48

Mahickra Chemicals Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
5-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.79 0.00 5.11 0.00 7.48

NSE:MAHICKRA vs LIN, SHW, ECL: 5-Year ROIIC % Comparison

For the Specialty Chemicals subindustry, Mahickra Chemicals's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Mahickra Chemicals 5-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mahickra Chemicals's 5-Year ROIIC % falls into.


NSE:MAHICKRA
55GF Score
Mahickra Chemicals Ltd NSE:MAHICKRA
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahickra Chemicals 5-Year ROIIC % Calculation

Mahickra Chemicals's 5-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 54.7954395 (Mar. 2026) - 33.3809388 (Mar. 2021) )/( 675.995 (Mar. 2026) - 389.779 (Mar. 2021) )
=21.4145007/286.216
=7.48%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 7.48 mean?
Mahickra Chemicals (NSE:MAHICKRA) has a 5-Year ROIIC % of 7.48 as of Mar. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mahickra Chemicals and its competitors. According to the industry distribution chart, Mahickra Chemicals ranks #499 out of 1465 companies in the Chemicals industry, placing it in the top 34.1%.
Is Mahickra Chemicals' 5-Year ROIIC % too high?
Mahickra Chemicals' current 5-Year ROIIC % is 7.48. The Chemicals industry median 5-Year ROIIC % is 1.47. Mahickra Chemicals' value of 7.48 is 408.8% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #499 out of 1465 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mahickra Chemicals has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' 5-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #499 out of 1465 companies for 5-Year ROIIC %. This puts Mahickra Chemicals in the upper half of its industry. The industry median 5-Year ROIIC % is 1.47. Mahickra Chemicals' value of 7.48 is 408.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Chemicals company?
The median 5-Year ROIIC % among Chemicals companies is 1.47, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahickra Chemicals's current 5-Year ROIIC % of 7.48 is 408.8% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mahickra Chemicals and its competitors. For the Chemicals industry, the median 5-Year ROIIC % is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current 5-Year ROIIC % is 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.17, compared to a current price of ₹265.05 — trading 70.8% above its estimated fair value. The current 5-Year ROIIC % is 7.48 and 408.8% above the Chemicals industry median of 1.47. Mahickra Chemicals' overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Mahickra Chemicals (NSE:MAHICKRA), the current 5-Year ROIIC % is 7.48 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?

Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued. The current stock price of ₹265.05 is trading 70.8% above its estimated GF Value™ of ₹155.17. GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:MAHICKRA:

  • 5-Year ROIIC %: 7.48
  • GF Value™: ₹155.17 vs. price of ₹265.05 (70.8% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 408.8% above the Chemicals median (#499 of 1465)

No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahickra Chemicals Business Description

Address Phase - 3, Plot No. 1201-1202, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
55GF Score

Get the complete analysis for NSE:MAHICKRA

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

₹265.05
Price
₹155.17
GF Value