Patels Airtemp (India) (BOM:517417) Construction In Progress: ₹28 Mil (As of Mar. 2026)


BOM:517417 Patels Airtemp (India) Ltd BOM:517417
65 GF Score
Price ₹390.50
GF Value ₹305.77
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Patels Airtemp (India) Construction In Progress?

Patels Airtemp (India) BOM:517417 -1.13% 65 Construction In Progress is ₹28 Mil as of Mar. 2026. GuruFocus rates BOM:517417 with a GF Score™ of 65/100 and a GF Value™ of ₹305.77 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Patels Airtemp (India)'s quarterly construction in progress declined from Sep. 2025 (₹17 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹28 Mil).

Patels Airtemp (India)'s annual construction in progress increased from Mar. 2024 (₹0 Mil) to Mar. 2025 (₹4 Mil) and increased from Mar. 2025 (₹4 Mil) to Mar. 2026 (₹28 Mil).

Patels Airtemp (India) Construction In Progress Historical Data

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The historical data trend for Patels Airtemp (India)'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.

Patels Airtemp (India) Construction In Progress Chart

Patels Airtemp (India) 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 0.78 0.00 0.00 4.28 28.10

Patels Airtemp (India) 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 4.28 0.00 16.72 0.00 28.10
BOM:517417
65GF Score
Patels Airtemp (India) Ltd BOM:517417
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Patels Airtemp (India) 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 ₹28 Mil mean?
Patels Airtemp (India) (BOM:517417) has a Construction In Progress of ₹28 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Patels Airtemp (India) and its competitors.
Is Patels Airtemp (India)'s Construction In Progress too high?
Patels Airtemp (India)'s current Construction In Progress is ₹28 Mil. Overall, Patels Airtemp (India) has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patels Airtemp (India)'s Construction In Progress compare to GEV and ETN?
Patels Airtemp (India)'s Construction In Progress of ₹28 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 Patels Airtemp (India) and its competitors. Patels Airtemp (India)'s current Construction In Progress is ₹28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patels Airtemp (India) stock overvalued right now?
Based on GuruFocus' analysis, Patels Airtemp (India) (BOM:517417) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹305.77, compared to a current price of ₹390.50 — trading 27.7% above its estimated fair value. The current Construction In Progress is ₹28 Mil. Patels Airtemp (India)'s overall GF Score™ is 65/100 with 9 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 Patels Airtemp (India) (BOM:517417), the current Construction In Progress is ₹28 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 Patels Airtemp (India) (BOM:517417) Overvalued in 2026?

Based on GuruFocus' analysis, Patels Airtemp (India) stock appears to be overvalued. The current stock price of ₹390.50 is trading 27.7% above its estimated GF Value™ of ₹305.77. GuruFocus considers Patels Airtemp (India) to be Modestly Overvalued.

Key valuation signals for BOM:517417:

  • Construction In Progress: ₹28 Mil
  • GF Value™: ₹305.77 vs. price of ₹390.50 (27.7% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the BOM:517417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Patels Airtemp (India) Business Description

Address Near Memnagar Fire Station, 5th Floor, Kalpana Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Patels Airtemp (India) Ltd is engaged in the manufacturing and selling of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air-Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipment's in and outside India. The products are supplied to Industrial sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries make them a single window option for multiple products. The Company is operating in single segment business namely Engineering. Geographically, it has presenc within India, USA, Canada, Zambia, and Other countries. It generates the majority of its revenue from within Inida.
65GF Score

Get the complete analysis for BOM:517417

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

₹390.50
Price
₹305.77
GF Value