Innovative Tyres & Tubes (NSE:ITTL) Construction In Progress: ₹153.2 Mil (As of Sep. 2025)


NSE:ITTL Innovative Tyres & Tubes Ltd NSE:ITTL
42 GF Score
Price ₹78.00
GF Value ₹67.01
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Innovative Tyres & Tubes Construction In Progress?

Innovative Tyres & Tubes NSE:ITTL +1.96% 42 Construction In Progress is ₹153.2 Mil as of Sep. 2025. GuruFocus rates NSE:ITTL with a GF Score™ of 42/100 and a GF Value™ of ₹67.01 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Innovative Tyres & Tubes's quarterly construction in progress increased from Sep. 2024 (₹2.5 Mil) to Mar. 2025 (₹95.1 Mil) and increased from Mar. 2025 (₹95.1 Mil) to Sep. 2025 (₹153.2 Mil).

Innovative Tyres & Tubes's annual construction in progress stayed the same from Mar. 2023 (₹2.5 Mil) to Mar. 2024 (₹2.5 Mil) but then increased from Mar. 2024 (₹2.5 Mil) to Mar. 2025 (₹95.1 Mil).


Innovative Tyres & Tubes Construction In Progress Historical Data

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The historical data trend for Innovative Tyres & Tubes'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.

Innovative Tyres & Tubes Construction In Progress Chart

Innovative Tyres & Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.38 2.47 2.47 2.47 95.06

Innovative Tyres & Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 2.58 2.47 2.47 95.06 153.17
NSE:ITTL
42GF Score
Innovative Tyres & Tubes Ltd NSE:ITTL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Tyres & Tubes 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 ₹153.2 Mil mean?
Innovative Tyres & Tubes (NSE:ITTL) has a Construction In Progress of ₹153.2 Mil as of Sep. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Innovative Tyres & Tubes and its competitors.
Is Innovative Tyres & Tubes' Construction In Progress too high?
Innovative Tyres & Tubes' current Construction In Progress is ₹153.2 Mil. Overall, Innovative Tyres & Tubes has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Construction In Progress compare to ORLY and AZO?
Innovative Tyres & Tubes' Construction In Progress of ₹153.2 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Innovative Tyres & Tubes and its competitors. Innovative Tyres & Tubes's current Construction In Progress is ₹153.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹67.01, compared to a current price of ₹78.00 — trading 16.4% above its estimated fair value. The current Construction In Progress is ₹153.2 Mil. Innovative Tyres & Tubes' overall GF Score™ is 42/100 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 Innovative Tyres & Tubes (NSE:ITTL), the current Construction In Progress is ₹153.2 Mil as of Sep. 2025. 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 Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued. The current stock price of ₹78.00 is trading 16.4% above its estimated GF Value™ of ₹67.01. GuruFocus considers Innovative Tyres & Tubes to be Modestly Overvalued.

Key valuation signals for NSE:ITTL:

  • Construction In Progress: ₹153.2 Mil
  • GF Value™: ₹67.01 vs. price of ₹78.00 (16.4% above fair value)
  • GF Score™: 42/100 with 6 warning signs

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


Innovative Tyres & Tubes Business Description

Address 1201, 1202, 1203 GIDC Halol, Panchmahal, Halol, GJ, IND, 389350
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
42GF Score

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

₹78.00
Price
₹67.01
GF Value