Maharashtra Seamless (NSE:MAHSEAMLES) Construction In Progress: ₹723 Mil (As of Mar. 2026)


NSE:MAHSEAMLES Maharashtra Seamless Ltd NSE:MAHSEAMLES
86 GF Score
Price ₹610.05
GF Value ₹630.33
Valuation Fairly Valued
! 4 Warning Signs
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What is Maharashtra Seamless Construction In Progress?

Maharashtra Seamless NSE:MAHSEAMLES +0.83% 86 Construction In Progress is ₹723 Mil as of Mar. 2026. GuruFocus rates NSE:MAHSEAMLES with a GF Score™ of 86/100 and a GF Value™ of ₹630.33 (Fairly Valued). The stock has 4 warning signs investors should review.

Maharashtra Seamless's quarterly construction in progress declined from Sep. 2025 (₹465 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹723 Mil).

Maharashtra Seamless's annual construction in progress increased from Mar. 2024 (₹115 Mil) to Mar. 2025 (₹300 Mil) and increased from Mar. 2025 (₹300 Mil) to Mar. 2026 (₹723 Mil).

Maharashtra Seamless Construction In Progress Historical Data

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The historical data trend for Maharashtra Seamless'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.

Maharashtra Seamless Construction In Progress Chart

Maharashtra Seamless 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 242.27 222.30 115.40 300.10 723.20

Maharashtra Seamless 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 300.10 0.00 464.70 0.00 723.20
NSE:MAHSEAMLES
86GF Score
Maharashtra Seamless Ltd NSE:MAHSEAMLES
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Maharashtra Seamless 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 ₹723 Mil mean?
Maharashtra Seamless (NSE:MAHSEAMLES) has a Construction In Progress of ₹723 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Maharashtra Seamless and its competitors.
Is Maharashtra Seamless' Construction In Progress too high?
Maharashtra Seamless' current Construction In Progress is ₹723 Mil. Overall, Maharashtra Seamless has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maharashtra Seamless' Construction In Progress compare to NUE and STLD?
Maharashtra Seamless' Construction In Progress of ₹723 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 Maharashtra Seamless and its competitors. Maharashtra Seamless's current Construction In Progress is ₹723 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maharashtra Seamless stock overvalued right now?
Based on GuruFocus' analysis, Maharashtra Seamless (NSE:MAHSEAMLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹630.33, compared to a current price of ₹610.05 — trading 3.2% below its estimated fair value. The current Construction In Progress is ₹723 Mil. Maharashtra Seamless' overall GF Score™ is 86/100 with 4 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 Maharashtra Seamless (NSE:MAHSEAMLES), the current Construction In Progress is ₹723 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 Maharashtra Seamless (NSE:MAHSEAMLES) Overvalued in 2026?

Based on GuruFocus' analysis, Maharashtra Seamless stock appears to be undervalued. The current stock price of ₹610.05 is trading 3.2% below its estimated GF Value™ of ₹630.33. GuruFocus considers Maharashtra Seamless to be Fairly Valued.

Key valuation signals for NSE:MAHSEAMLES:

  • Construction In Progress: ₹723 Mil
  • GF Value™: ₹630.33 vs. price of ₹610.05 (3.2% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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

Maharashtra Seamless Business Description

Other Exchanges 500265:India
Address Institutional Sector 44, Plot No. 30, Jindal Corporate Centre, Gurugram, HR, IND, 122003
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of electric resistance welded pipes, which include black and galvanized pipes, and seamless pipes and tubes, which include hot finished, cold drawn, and pilgered pipes. These products are used in various applications and sectors like oil and gas, hydrocarbon, power, agriculture, housing, and infrastructure, among others. The company's operating segments consist of steel pipes and tubes, power-electricity, rig, and others. The majority of its revenue is derived from the steel pipes and tubes segment.
86GF Score

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

₹610.05
Price
₹630.33
GF Value