Redtape (NSE:REDTAPE) Construction In Progress: ₹249 Mil (As of Mar. 2026)


NSE:REDTAPE Redtape Ltd NSE:REDTAPE
39 GF Score
Price ₹136.90
GF Value ₹192.73
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Redtape Construction In Progress?

Redtape NSE:REDTAPE +2.76% 39 Construction In Progress is ₹249 Mil as of Mar. 2026. GuruFocus rates NSE:REDTAPE with a GF Score™ of 39/100 and a GF Value™ of ₹192.73 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Redtape's quarterly construction in progress declined from Sep. 2025 (₹86 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹249 Mil).

Redtape's annual construction in progress increased from Mar. 2024 (₹182 Mil) to Mar. 2025 (₹566 Mil) but then declined from Mar. 2025 (₹566 Mil) to Mar. 2026 (₹249 Mil).

Redtape Construction In Progress Historical Data

* Premium members only.

The historical data trend for Redtape'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.

Redtape Construction In Progress Chart

Redtape Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
186.70 695.80 181.90 566.20 249.40

Redtape Quarterly Data
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 566.20 0.00 86.00 0.00 249.40
NSE:REDTAPE
39GF Score
Redtape Ltd NSE:REDTAPE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redtape 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 ₹249 Mil mean?
Redtape (NSE:REDTAPE) has a Construction In Progress of ₹249 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Redtape and its competitors.
Is Redtape's Construction In Progress too high?
Redtape's current Construction In Progress is ₹249 Mil. Overall, Redtape has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Redtape's Construction In Progress compare to NKE and DECK?
Redtape's Construction In Progress of ₹249 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories 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 Redtape and its competitors. Redtape's current Construction In Progress is ₹249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redtape stock overvalued right now?
Based on GuruFocus' analysis, Redtape (NSE:REDTAPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹192.73, compared to a current price of ₹136.90 — trading 29% below its estimated fair value. The current Construction In Progress is ₹249 Mil. Redtape's overall GF Score™ is 39/100 with 2 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 Redtape (NSE:REDTAPE), the current Construction In Progress is ₹249 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 Redtape (NSE:REDTAPE) Overvalued in 2026?

Based on GuruFocus' analysis, Redtape stock appears to be undervalued. The current stock price of ₹136.90 is trading 29% below its estimated GF Value™ of ₹192.73. GuruFocus considers Redtape to be Modestly Undervalued.

Key valuation signals for NSE:REDTAPE:

  • Construction In Progress: ₹249 Mil
  • GF Value™: ₹192.73 vs. price of ₹136.90 (29% below fair value)
  • GF Score™: 39/100 with 2 warning signs

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

Redtape Business Description

Other Exchanges 543957:India
Address Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301
Redtape Ltd is based in India, engaged in the business of retail sale of Footwear, Garments & apparel, and allied products, and is also a manufacturer of footwear. The company's brand includes RedTape Athleisure, Mode by RedTape, and Bond Street by RedTape.
39GF Score

Get the complete analysis for NSE:REDTAPE

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

₹136.90
Price
₹192.73
GF Value