Kalyani Steels (NSE:KSL) Construction In Progress: ₹5,598 Mil (As of Mar. 2026)


NSE:KSL Kalyani Steels Ltd NSE:KSL
78 GF Score
Price ₹818.70
GF Value ₹760.62
Valuation Fairly Valued
! 5 Warning Signs
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What is Kalyani Steels Construction In Progress?

Kalyani Steels NSE:KSL -0.88% 78 Construction In Progress is ₹5,598 Mil as of Mar. 2026. GuruFocus rates NSE:KSL with a GF Score™ of 78/100 and a GF Value™ of ₹760.62 (Fairly Valued). The stock has 5 warning signs investors should review.

Kalyani Steels's quarterly construction in progress declined from Sep. 2025 (₹4,903 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹5,598 Mil).

Kalyani Steels's annual construction in progress increased from Mar. 2024 (₹3,813 Mil) to Mar. 2025 (₹4,354 Mil) and increased from Mar. 2025 (₹4,354 Mil) to Mar. 2026 (₹5,598 Mil).

Kalyani Steels Construction In Progress Historical Data

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The historical data trend for Kalyani Steels'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.

Kalyani Steels Construction In Progress Chart

Kalyani Steels 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 1,779.66 182.05 3,813.10 4,353.84 5,597.95

Kalyani Steels 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 4,353.84 0.00 4,902.97 0.00 5,597.95
NSE:KSL
78GF Score
Kalyani Steels Ltd NSE:KSL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalyani Steels 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 ₹5,598 Mil mean?
Kalyani Steels (NSE:KSL) has a Construction In Progress of ₹5,598 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Kalyani Steels and its competitors.
Is Kalyani Steels' Construction In Progress too high?
Kalyani Steels' current Construction In Progress is ₹5,598 Mil. Overall, Kalyani Steels has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Steels' Construction In Progress compare to NUE and STLD?
Kalyani Steels' Construction In Progress of ₹5,598 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 Kalyani Steels and its competitors. Kalyani Steels's current Construction In Progress is ₹5,598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Steels stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Steels (NSE:KSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹760.62, compared to a current price of ₹818.70 — trading 7.6% above its estimated fair value. The current Construction In Progress is ₹5,598 Mil. Kalyani Steels' overall GF Score™ is 78/100 with 5 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 Kalyani Steels (NSE:KSL), the current Construction In Progress is ₹5,598 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 Kalyani Steels (NSE:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kalyani Steels stock appears to be overvalued. The current stock price of ₹818.70 is trading 7.6% above its estimated GF Value™ of ₹760.62. GuruFocus considers Kalyani Steels to be Fairly Valued.

Key valuation signals for NSE:KSL:

  • Construction In Progress: ₹5,598 Mil
  • GF Value™: ₹760.62 vs. price of ₹818.70 (7.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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

Kalyani Steels Business Description

Other Exchanges 500235:India
Address Mundhwa, Corporate Building, 2nd Floor, Pune, MH, IND, 411 036
Kalyani Steels Ltd manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, carbon-manganese steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel and bearing steel. The company's products are used in automotive forging, construction equipment, bearings, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As Cast Blooms and Pig Iron. These operating segment have been aggregated into one reportable business segment which is Forging and Engineering quality carbon and alloy steels.
78GF Score

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

₹818.70
Price
₹760.62
GF Value