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Ratnaveer Precision Engineering (BOM:543978) Construction In Progress : ₹453 Mil (As of Mar. 2024)


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What is Ratnaveer Precision Engineering Construction In Progress?

Ratnaveer Precision Engineering's quarterly construction in progress increased from Mar. 2022 (₹37 Mil) to Mar. 2023 (₹88 Mil) and increased from Mar. 2023 (₹88 Mil) to Mar. 2024 (₹453 Mil).

Ratnaveer Precision Engineering's annual construction in progress increased from Mar. 2022 (₹37 Mil) to Mar. 2023 (₹88 Mil) and increased from Mar. 2023 (₹88 Mil) to Mar. 2024 (₹453 Mil).


Ratnaveer Precision Engineering Construction In Progress Historical Data

The historical data trend for Ratnaveer Precision Engineering'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.

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Ratnaveer Precision Engineering Construction In Progress Chart

Ratnaveer Precision Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
36.17 33.74 36.71 88.04 453.23

Ratnaveer Precision Engineering Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress 36.17 33.74 36.71 88.04 453.23

Ratnaveer Precision Engineering 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.


Ratnaveer Precision Engineering (BOM:543978) Business Description

Traded in Other Exchanges
Address
Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering (BOM:543978) Headlines

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