Lakshmi Precision Screws (BOM:506079) Construction In Progress: ₹248 Mil (As of Mar. 2017)

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.

What is Lakshmi Precision Screws Construction In Progress?

Lakshmi Precision Screws BOM:506079 Construction In Progress is ₹248 Mil as of Mar. 2017.

Lakshmi Precision Screws's quarterly construction in progress declined from Mar. 2015 (₹278 Mil) to Mar. 2016 (₹189 Mil) but then increased from Mar. 2016 (₹189 Mil) to Mar. 2017 (₹248 Mil).

Lakshmi Precision Screws's annual construction in progress declined from Mar. 2015 (₹278 Mil) to Mar. 2016 (₹189 Mil) but then increased from Mar. 2016 (₹189 Mil) to Mar. 2017 (₹248 Mil).


Lakshmi Precision Screws Construction In Progress Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws'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.

Lakshmi Precision Screws Construction In Progress Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 89.76 278.05 188.72 248.27

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 89.76 278.05 188.72 248.27

Lakshmi Precision Screws 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 ₹248 Mil mean?
Lakshmi Precision Screws (BOM:506079) has a Construction In Progress of ₹248 Mil as of Mar. 2017. Construction in Progress records the amount of construction work that is not complete. View historical data on Lakshmi Precision Screws and its competitors.
Is Lakshmi Precision Screws' Construction In Progress too high?
Lakshmi Precision Screws' current Construction In Progress is ₹248 Mil.
How does Lakshmi Precision Screws' Construction In Progress compare to TXHG and TBLT?
Lakshmi Precision Screws' Construction In Progress of ₹248 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Lakshmi Precision Screws and its competitors. Lakshmi Precision Screws's current Construction In Progress is ₹248 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current Construction In Progress of ₹248 Mil. The current Construction In Progress is ₹248 Mil. 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 Lakshmi Precision Screws (BOM:506079), the current Construction In Progress is ₹248 Mil as of Mar. 2017. 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.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.