Riddhi Steel and Tube (BOM:540082) Construction In Progress: ₹0 Mil (As of Mar. 2026)


BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
48 GF Score
Price ₹196.40
GF Value ₹85.28
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Riddhi Steel and Tube Construction In Progress?

Riddhi Steel and Tube BOM:540082 48 Construction In Progress is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:540082 with a GF Score™ of 48/100 and a GF Value™ of ₹85.28 (Significantly Overvalued). The stock has 1 warning sign investors should review.


Riddhi Steel and Tube Construction In Progress Historical Data

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The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube Construction In Progress Chart

Riddhi Steel and Tube Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
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Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.00
BOM:540082
48GF Score
Riddhi Steel and Tube Ltd BOM:540082
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Steel and Tube 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 ₹0 Mil mean?
Riddhi Steel and Tube (BOM:540082) has a Construction In Progress of ₹0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Riddhi Steel and Tube and its competitors.
Is Riddhi Steel and Tube's Construction In Progress too high?
Riddhi Steel and Tube's current Construction In Progress is ₹0 Mil. Overall, Riddhi Steel and Tube has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's Construction In Progress compare to NUE and STLD?
Riddhi Steel and Tube's Construction In Progress of ₹0 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 Riddhi Steel and Tube and its competitors. Riddhi Steel and Tube's current Construction In Progress is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹85.28, compared to a current price of ₹196.40 — trading 130.3% above its estimated fair value. The current Construction In Progress is ₹0 Mil. Riddhi Steel and Tube's overall GF Score™ is 48/100 with 1 warning sign 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 Riddhi Steel and Tube (BOM:540082), the current Construction In Progress is ₹0 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹196.40 is trading 130.3% above its estimated GF Value™ of ₹85.28. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • Construction In Progress: ₹0 Mil
  • GF Value™: ₹85.28 vs. price of ₹196.40 (130.3% above fair value)
  • GF Score™: 48/100 with 1 warning sign

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
48GF Score

Get the complete analysis for BOM:540082

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

₹196.40
Price
₹85.28
GF Value