Shree Steelwire Ropes (BOM:513488) Change In Inventory: ₹ Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:513488 Shree Steelwire Ropes Ltd BOM:513488
59 GF Score
Price ₹24.98
GF Value ₹18.96
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shree Steelwire Ropes Change In Inventory?

Shree Steelwire Ropes BOM:513488 +0.04% 59 Change In Inventory is ₹ Mil as of Jun. 2026. GuruFocus rates BOM:513488 with a GF Score™ of 59/100 and a GF Value™ of ₹18.96 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Shree Steelwire Ropes's change in inventory for the quarter that ended in Jun. 2026 was ₹ Mil. It means Shree Steelwire Ropes's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Shree Steelwire Ropes's change in inventory for the fiscal year that ended in Mar. 2026 was ₹-7.76 Mil. It means Shree Steelwire Ropes's inventory increased by ₹7.76 Mil from Mar. 2025 to Mar. 2026 .

Shree Steelwire Ropes's Total Inventories for the quarter that ended in Jun. 2026 was ₹0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shree Steelwire Ropes's Days Inventory for the quarter that ended in Jun. 2026 was 92.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Steelwire Ropes's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.98.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Shree Steelwire Ropes's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.83.


Shree Steelwire Ropes  (BOM:513488) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Shree Steelwire Ropes's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=20.0575/19.756*365 / 4
=92.64

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Shree Steelwire Ropes's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Shree Steelwire Ropes's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

* 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.


Shree Steelwire Ropes Change In Inventory Related Terms


Shree Steelwire Ropes Change In Inventory Historical Data

* Premium members only.

The historical data trend for Shree Steelwire Ropes's Change In Inventory 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.

Shree Steelwire Ropes Change In Inventory Chart

Shree Steelwire Ropes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.06 6.65 0.73 0.75 -7.76

Shree Steelwire Ropes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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 - - - - -
BOM:513488
59GF Score
Shree Steelwire Ropes Ltd BOM:513488
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Steelwire Ropes Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹ Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₹ Mil mean?
Shree Steelwire Ropes (BOM:513488) has a Change In Inventory of ₹ Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Shree Steelwire Ropes and its competitors.
Is Shree Steelwire Ropes' Change In Inventory too high?
Shree Steelwire Ropes' current Change In Inventory is ₹ Mil. Overall, Shree Steelwire Ropes has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Steelwire Ropes' Change In Inventory compare to NUE and STLD?
Shree Steelwire Ropes' Change In Inventory of ₹ Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Shree Steelwire Ropes and its competitors. Shree Steelwire Ropes's current Change In Inventory is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Steelwire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Shree Steelwire Ropes (BOM:513488) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹18.96, compared to a current price of ₹24.98 — trading 31.8% above its estimated fair value. The current Change In Inventory is ₹ Mil. Shree Steelwire Ropes' overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Shree Steelwire Ropes (BOM:513488), the current Change In Inventory is ₹ Mil as of Jun. 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 Shree Steelwire Ropes (BOM:513488) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Steelwire Ropes stock appears to be overvalued. The current stock price of ₹24.98 is trading 31.8% above its estimated GF Value™ of ₹18.96. GuruFocus considers Shree Steelwire Ropes to be Significantly Overvalued.

Key valuation signals for BOM:513488:

  • Change In Inventory: ₹ Mil
  • GF Value™: ₹18.96 vs. price of ₹24.98 (31.8% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the BOM:513488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shree Steelwire Ropes Business Description

Address Plot No. 10, 19th Road, 503, 504, 505, 5th Floor, Shiv Ashish Commercial Complex, Chembur, Mumbai, MH, IND, 400 071
Shree Steelwire Ropes Ltd is an Indian manufacturer of steel wire ropes and related products. Its core business is the production of steel and stainless steel wire ropes and allied wire rope products, which are used in general engineering, shipping, fishing, mining, oil well exploration, construction, aerial applications, and deep-sea exploration. The company also manufactures railway electrification equipment, including overhead equipment (OHE) fittings for railways and transmission lines. Its customers are primarily industrial and infrastructure operators, including railway authorities and engineering, construction, and marine sector firms. Revenue is generated through the manufacture and sale of these wire rope and railway electrification products, serving customers in India and export markets. The company operates manufacturing facilities in India and is listed on Indian stock exchanges.
59GF Score

Get the complete analysis for BOM:513488

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹24.98
Price
₹18.96
GF Value