Rathi Steel & Power (BOM:504903) Construction In Progress: ₹49 Mil (As of Mar. 2026)


BOM:504903 Rathi Steel & Power Ltd BOM:504903
61 GF Score
Price ₹20.45
GF Value ₹33.17
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Rathi Steel & Power Construction In Progress?

Rathi Steel & Power BOM:504903 -0.15% 61 Construction In Progress is ₹49 Mil as of Mar. 2026. GuruFocus rates BOM:504903 with a GF Score™ of 61/100 and a GF Value™ of ₹33.17 (Possible Value Trap). The stock has 6 warning signs investors should review.

Rathi Steel & Power's quarterly construction in progress declined from Sep. 2025 (₹140 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹49 Mil).

Rathi Steel & Power's annual construction in progress increased from Mar. 2024 (₹0 Mil) to Mar. 2025 (₹63 Mil) but then declined from Mar. 2025 (₹63 Mil) to Mar. 2026 (₹49 Mil).

Rathi Steel & Power Construction In Progress Historical Data

* Premium members only.

The historical data trend for Rathi Steel & Power's Construction In Progress 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.

Rathi Steel & Power Construction In Progress Chart

Rathi Steel & Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 62.67 49.33

Rathi Steel & Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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 62.67 0.00 139.79 0.00 49.33
BOM:504903
61GF Score
Rathi Steel & Power Ltd BOM:504903
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rathi Steel & Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₹49 Mil mean?
Rathi Steel & Power (BOM:504903) has a Construction In Progress of ₹49 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Rathi Steel & Power and its competitors.
Is Rathi Steel & Power's Construction In Progress too high?
Rathi Steel & Power's current Construction In Progress is ₹49 Mil. Overall, Rathi Steel & Power has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rathi Steel & Power's Construction In Progress compare to NUE and STLD?
Rathi Steel & Power's Construction In Progress of ₹49 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 Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Rathi Steel & Power and its competitors. Rathi Steel & Power's current Construction In Progress is ₹49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathi Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, Rathi Steel & Power (BOM:504903) is currently considered Possible Value Trap. The stock's GF Value™ is ₹33.17, compared to a current price of ₹20.45 — trading 38.3% below its estimated fair value. The current Construction In Progress is ₹49 Mil. Rathi Steel & Power's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Rathi Steel & Power (BOM:504903), the current Construction In Progress is ₹49 Mil 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 Rathi Steel & Power (BOM:504903) Overvalued in 2026?

Based on GuruFocus' analysis, Rathi Steel & Power stock appears to be undervalued. The current stock price of ₹20.45 is trading 38.3% below its estimated GF Value™ of ₹33.17. GuruFocus considers Rathi Steel & Power to be Possible Value Trap.

Key valuation signals for BOM:504903:

  • Construction In Progress: ₹49 Mil
  • GF Value™: ₹33.17 vs. price of ₹20.45 (38.3% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the BOM:504903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rathi Steel & Power Business Description

Address South of GT Road, Industrial Area No. 1, A-3 & C-4, Ghaziabad, UP, IND, 201009
Rathi Steel & Power Ltd is engaged in manufacturing steel and steel-based products. Its products include rebars and wire rods which are used in all key concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, and precast concrete.
61GF Score

Get the complete analysis for BOM:504903

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

₹20.45
Price
₹33.17
GF Value